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Prairie advances discussions on Polish coal

29th March 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Coal developer Prairie Mining and Polish coal miner Jastrzębska Spółka Węglowa (JSW) have struck a non-disclosure agreement (NDA) over the potential cooperation over the Australian firm’s Polish coal projects.

The NDA will allow the two companies to exchange technical and commercial information for a period of up to six months, in order to facilitate more substantial discussions over any potential transaction over Prairie’s Debiensko-1 and Jan Karski projects.

JSW will assess the feasibility and economics of the two projects. The Polish company owns the Knurów-Szczygłowice mine, which borders on the Debiensko-1 project and will investigate opportunities for using existing infrastructure for the mine development.

The NDA was signed after Prairie approached JSW in February regarding potential cooperation at its Polish projects.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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