Pinnacle to start pellet production at its new facility in High Level, Alberta
Pinnacle Renewable Energy has started initial pellet production at its newly-constructed facility in High Level, Alberta, which is owned 50% by Pinnacle and 50% by Tolko Industries Ltd. through a limited partnership, the company announced. The High Level Mill further diversifies Pinnacle's supply base using high-quality wood fibre sourced primarily from Tolko's sawmill in High Level. The mill has a projected run-rate capacity of 200,000 metric tons per year. Production will be sold through Pinnacle's contracted backlog of long-term, take-or-pay off-take contracts. "We are pleased ...
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