COMPANY ACTIVITY

New Colombia clinches supply deal with ASI

NEW Colombia Resources, which is engaged in selling medical cannabis as well as mining for coal in Colombia, has entered into a Coal Purchase and Sale Agreement with American Steel Industries to sell approximately 500,000 tonnes of coal to ASI for a purchase price of approximately $180 per tonne.

Lou Caruana
New Colombia clinches supply deal with ASI

This price would be adjusted based on changes to the price of coal from the signing of the agreement to the shipment date, New Colombia Resources said. The shipments are to occur from April through to...

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