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Article: Coeclerici mulling Kuzbass coal project.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- September 20, 2007
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Coeclerici mulling Kuzbass coal project
KEMEROVO. Sept 20. (Interfax) - Coal trader Coeclerici Coal and Fuels S.P.A from Italy is mulling over the possibility of acquiring CJSC Dawn, which is licensed to mine coal at the Rozhdestvensky coal field section in the Prokopyevsk district of Kemerovo region, a source familiar with the negotiations told Interfax.
"Coeclerici has been an exporter of Kuzbass coal for many years now and Kuzbassrazrezugol (KRU (RTS: KURZ) is one of the major coal traders in the region. However, despite currying favor with the local authorities, the Italians have yet to acquire an independent coal ...