A small-plane flight Tuesday over the 30-mile rail line from the old titanium mine in Newcomb down to North Creek confirmed that all the tank cars that had been stored along the tracks over the winter were gone.
The North Creek railway has been removing the equipment for its tourist trains and the remaining tankers stored on the tracks farther north
By Michael Virtanen An economic analysis recently filed by the new owner of the long idled Tahawus titanium mine in Newcomb says shipping crushed stone from the tailings by rail isn’t feasible at current market prices. That analysis further calls into question the future of the 30-mile rail line from North Creek to Tahawus, whose current owner has publicly offered to sell it for $4 million or less, saying it’s losing money. Iowa Pacific Holdings was pressured to remove tanker cars it stored this winter on the tracks in the state Forest Preserve and said it now wants a buyer >>More
Owners of a thirty-mile rail line in the central Adirondacks who sparked controversy by storing dozens of empty tank cars…
Iowa Pacific’s plan to store empty tanker cars on tracks near the High Peaks alarms environmentalists and sets state lawyers to scrambling. By Phil Brown The Iowa-Pacific rail company took state officials and environmental activists by surprise in July when it unveiled a plan to store hundreds of drained oil-tanker cars on its tracks near Tahawus on the edge of the High Peaks Wilderness. Ed Ellis, the president of Iowa Pacific, says revenue from storing the cars will help keep afloat its tourist train, the Saratoga & North Creek Railway, which has been losing money. Critics contend Iowa Pacific is >>More