Czech Republic, Poland sign coal reserves deal

World

Normal 0 21 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Normál táblázat"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} The Czech Republic and Poland signed a deal on Tuesday which will enable companies from both countries to explore cross-border deposits in the region, the Industry and Trade Ministry said in a statement.

Czech coal miner NWR has been aiming to gain access to more coal deposits in the region and last year signed a deal with Polish state-owned company Jastrzebska Spolka Weglowa to develop mines in southern Poland.

The agreement will enable the Netherlands-based NWR, which controls the biggest Czech hard coal mine company OKD, to explore the Czech-Polish border for coal reserves and launch feasibility studies for mining the Morcinek field deposits in the region, NWR’s spokesman Vladimir Bystrov said. (Reuters)

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