Alaska Industrial Development Export Authority staff recommended that AIDEA let its lease with the Skagway Ore Terminal expire in March 2023.
AIDEA paid a consultant to evaluate the cost of reinvesting in the terminal to modernize it and update it for anticipated mining export volumes.
“Our recommendation and conclusion for that assessment is we should let the ore terminal lease expire,” said AIDEA executive director Alan Weitzner at the board’s October meeting.
The rationale for…