KGHM signs 5-year contract for PLN 7.5-8.1 bln

Copper mining giant KGHM will deliver nearly 300,000 metric tonnes of copper wire rods to cable manufacturer Tele-Fonika Kable over the period of five years for an estimated value of PLN 7.5-8.1 billion, KGHM’s CEO Rafał Pawełczak told PAP. The mining company will deliver at least 58,000 tonnes of copper wire rods annually.