24
May
13:44
Czech unions, billionaire to bid for coal miner: reports
Czech miners’ unions have joined forces with billionaire Pavel Tykac and another investor to bid for New World Resources' insolvent coking coal mining subsidiary OKD, according to Reuters.
The bidding team want to continue mining operations at OKD. "Our common interest is to take part in preparing the restructuring plan aimed at the as smooth as possible functioning of OKD, the fullest possible employment and creating conditions for OKD'sā¦
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Anonymous
Very good overview of the weekly steel market.
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