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06 Apr
14:10

Poland's JSW issues force majeure as pandemic strikes

Jastrzebska Spolka Weglowa (JSW) has issued force majeure to its customers as a result of the Covid-19 pandemic and the consequent restrictions applied by governments worldwide. This could have a direct impact on the Polish coal miner’s financial performance, it says. Last week JSW said its reduction in working shifts and significant worker absenteeism as a result of the pandemic had led to a -40% on-week decline in coking coal output (see Kallanish pas…
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