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 said Monday in a joint statement that the deal to buy Stewart Bulk Terminals Ltd., which owns and operates the facility in Stewart, B.C., is expected to close in the coming months.

The three equal partners said the deepsea terminal's primary purpose is transporting critical minerals such as copper concentrate to market from sources including Newmont's Brucejack and Red Chris mines in Nisga’a and Tahltan territories.

Andrew Robinson, chief executive officer of the Nisga'a Lisims Government, said in an interview that the terminal was in an "

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