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13 Apr
11:59

OKD mulls extending operations amid coal crisis

Czech miner OKD is mulling extending coal production beyond its current shutdown deadline of mid-2023, as a result of coal shortages and surging prices amid Russia’s invasion of Ukraine curbing supply. State-owned OKD’s new management discussed the topic with Czech deputy finance minister Roman Binder this week. The firm plans to mine 1.3 million tonnes of coal in 2022 and a further 450,000t in 2023 before closing down production for good. Only the CSM…
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