Czech Coal Pulls Out of Coal Supply Contract

Industrial Metals

Reuters reported that Czech Coal has ended a coal supply contract with Elektrarny Opatovice over a payment dispute.

Reuters reported that Czech Coal has ended a coal supply contract with Elektrarny Opatovice over a payment dispute.

As quoted in the market news:

The announcement marked another shot in an escalating conflict over future prices of lignite, which is a major fuel source for the Czech power industry, including CEZ, the biggest utility in central Europe.

Click here to read the full Reuters report.

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