HMS Bergbau Locks in 3-Year Coal Forwards From South Africa
- Published: Monday, 03 October 2016 10:13
HMS Bergbau AG announced details regarding a three-year sales agreement with an international off-taker. Its subsidiary HMS Bergbau Africa (Pty) Ltd. will source the high-quality coal for export from the Usutu and Penumbra mines, both under ownership and management of the IchorCoal Group. The sale was concluded on the back of an existing exclusive marketing agreement with IchorCoal.