Keystone Coal Terminal
Keystone Coal Terminal is a coal terminal at the Port of Jacksonville, Florida. The sponsor is Keystone Coal Company, a unit of Keystone Industries. The terminal can handle up to 3 million tonnes of coal per annum.
The terminal is at the former site of the Jefferson Smurfit paperboard plant on Wigmore Street at the northern end of Talleyrand Avenue, Jacksonville, along the St. John’s River.
The terminal would import coal from Colombia for use in the southeastern and midwestern U.S. The project would include a rail loop from the Norfolk Southern Corporation line to a CSX line and then to Florida East Coast Railway, running from Jacksonville to Miami.
Keystone owner Tom Scholl suggested that despite calls for more environmentally forms of energy, imported Colombian coal would cost less than alternatives and ensure its continued use for electrical generation. Scholl owns a mine in West Virginia and mining rights in Colombia.
In June 2009 Jacksonville.com reported that the city council had granted a "conditional capacity availability statement" to Keystone Industries LLC for the construction of the terminal. "According to the concurrency application, the US$100 million project is scheduled to be completed in three phases ending in 2014, 2019 and 2024, respectively.
The terminal received its first shipment in 2011. The projected cost had risen to US$150 million. Scholl said the terminal will handle coal imports and exports to Europe and Asia.
- Sponsor: Keystone Coal Company
- Location: Jacksonville, Florida
- Proposed Capacity (Million tonnes per annum): 3
- Status: Operating
- Start year: 2011
- Type: Imports
Articles and resources
- Mark Szakonyi, "$100 million terminal to open in Jacksonville in 2011", Jacksonville Business Journal, October 4, 2010.
- Mark Szakonyi, "Keystone preparing to import South American coal to Jacksonville," Jacksonville Business Journal, January 23, 2009.
- "Jacksonville coal shipping facility completion expected by 2024", Jacksonville.com, June 30, 2009.
- "New Talleyrand terminal to be used to ship coal, construction materials around the world," Jacksonville.com, May 9, 2011