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PGE to acquire Mokoszowy miner

16:17

State-owned mining restructurization company (Spółka Restrukturyzacji Kopalń - SRK) and Poland's largest utility PGE has signed a letter of intent regarding the acquisition of Mokoszowy mine, according to wnp.pl web portal. In order to make Mokoszowy profitable again, extraction should be increased by 100 percent, the web portal reported stressing that PGE will become the sales market for the mine's entire  production. On October 19, Tauron signed a preliminary deal of purchasing Brzeszcze mine.      

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