Grupa Azoty and KGHM launch cooperation

Poland’s largest chemical holding Grupa Azoty signed a letter of intent with mining and metals giant KGHM on cooperation in mineral extraction and in energy, including the construction of a power plant, the companies announced on Thursday. The cooperation will involve phosphogypsum processing, sylvinite exploration on foreign markets, acquiring natural gas sources, building a polygeneration power plant and phosphorite exploration and extraction, the statement read. The companies may allow other partners to join specific areas of cooperation, they added.