STEWART, BRITISH COLUMBIA, CANADA — Two First Nations have formed a joint partnership with a transport company to purchase the Port of Stewart bulk terminal on the Portland Canal that separates British Columbia and Alaska.

The Nisga'a and Tahltan nations and Arrow Transportation Systems say in a statement the deal to buy Stewart Bulk Terminals Ltd., which owns and operates the facility in Stewart, B.C., is expected to close in coming months.

Kerry Carlick, president of the Tahltan government, says the deal is "making history" and will drive economic growth and self-determination, while Eva Clayton, president of the Nisga'a Lisims government, says it's a chance for "economic reconciliation."

The three equal partners say the deepsea terminal's primary purpose is transporting critical mine

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