The Global Resource For Connecting Buyers and Sellers

Poland aides JSW with $88m for its coking plant

Polish State-run TF Silesia fund and the country’s Industrial Development Agency (ARP) will buy a coking plant from coking coal producer JSW for 350-million zlotys ($88-million) to help the troubled State-run miner, JSW said. JSW, which closed last year with a record loss of 3.3-billion zlotys, added in its statement it expects a payment of 200-million zlotys at the beginning of July.