Romanian CNH Stops Coal Deliveries Citing Unsustainable Price
Romanian state-owned mining company CNH on Monday ceased coal deliveries to the Paroseni thermal power producer, saying it can no longer function with the current prices.
CNH representatives told MEDIAFAX that notifications were sent to the management of two thermal power producers that use hard coal provided by the mining company, namely Paroseni and Mintia.
The decision came since the prices offered by the two thermal power producers endangers the functioning of CNH, since the mining company cannot cover safety and labor costs.
Paroseni director Doru Visan told MEDIAFAX that the thermal power plant has coal stockpiled to function for another seven days.
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