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Reuters reported that Vitol is developing its coal business with the purchase of a stake in CIC Energy (TSX:ELC).
Reuters reported that Vitol is developing its coal business with the purchase of a stake in CIC Energy (TSX:ELC).
As quoted in the market news:
CIC has three coal blocks in development, one for domestic coal and two for export. Vitol will market 60 percent of any future export grade coal.
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