Who Ships Your Salt Cake After October?
5E's purchase of the Searles Valley plants is expected to close in early October, and its own 10-K says the Trona Railway transfers only when the Surface Transportation Board says so. The notice that starts that second clock published this morning. If the track runs late, the fallback on sodium sulfate is an import book that is 78.5 percent Canadian.
The Federal Register carried one paragraph about a shortline railroad this morning.
It runs from milepost 0.0 at Searles Junction, California, to the end of the line at milepost 30.6 in Trona. That is the whole rail connection between Searles Lake and the national network.
"If the plant changes hands on schedule and the railroad does not, what actually ships?"
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