PD Co to build mine in south-east Poland
PD Co, owned by Australian Prarie Downs Metals Limited, is planning to build a mine in the Lublin coal basin, PD’s CEO Janusz Jakimowicz said on Monday.
The investment is worth some PLN 2.5 billion and may create up to 2,000 jobs, it has been reported.
“Work on the investment are picking up tempo,” Jakimowicz siad, adding that “We want exploitation to commence in 2020.”
PD Co is a Polish company which was created to undertake the investment in the Lublin coal basin, in Poland’s south-east. In 2012 it received four concessions for coal exploration, and when it opens in 2020 may expect to extract around 6-7 metric tons of coal annually.
