- Associated Press - Sunday, January 24, 2016

FERNWOOD, Miss. (AP) - Plans for a wood pellet mill in Pike County have fallen through.

The county’s economic development director, Wayne Sterling, tells the board of supervisors that Pike BioEnergy’s option to buy land for the plant expired Dec. 31. He says the British-owned company doesn’t plan to request an extension.

Supervisors tell the Enterprise-Journal (https://bit.ly/1Pb60QS) that changes in Britain’s economy and political scene, may have influence the decision. Lambert says falling fuel prices may also have been a factor.

Drax Biomass owns Pike BioEnergy. Drax officials in?Atlanta did not return the newspaper’s calls.

The website draxbiomass.com lists pellet mills in?Gloster, Mississippi, and Bastrop, Louisiana, and a transit facility in Baton?Rouge but does not mention the Pike project.

Lambert says Drax had paid for natural gas lines and engineering work.

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Information from: Enterprise-Journal, https://www.enterprise-journal.com

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