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flag Drax to close BC wood pellet plant by end-2025 due to timber shortages and unviable economics.

flag Drax, a U.K.-based energy company, will shut its wood pellet plant in Williams Lake, British Columbia, by end-2025, citing insufficient timber supply due to nearby mill closures and lost contracts, making the operation no longer commercially viable. flag The 30-employee facility will phase down as inventory is used. flag The closure reflects broader struggles in Canada’s forestry sector, including weak markets, economic uncertainty, and U.S. tariffs, prompting Ottawa to pledge $500 million in loan guarantees. flag Drax maintains its current fibre comes from low-grade wood that would otherwise be burned, countering past criticism over old-growth timber use.

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