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March 12, 2013
Two investors quit Coos Bay coal port
GRANTS PASS, Ore. (AP) — A California stevedoring company has until the end of the month to decide if it still wants to ship coal from Montana and Wyoming to Asia through Coos Bay, Ore., now that two of its partners have dropped out.
A document posted on the International Port of Coos Bay website Monday says that Mitsui & Co., the US subsidiary of a Japanese trading company, and Korean Electric Power Corp., the potential buyer of the coal, are no longer part of the project.
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