Brief: Bumech Signs Deal On Import of Coal With South African Company

Bumech SA

27/09/2022 11:16

Sept 27 (Reuters) - Bumech SA  BMCP.WA :
    * SIGNS DEAL WITH SOUTH AFRICAN COMPANY ON CONDITIONS FOR
COMPANY'S PURCHASES OF ENERGY COAL FROM RSA
    * UNDER DEAL DELIVERIES WILL BE CONDUCTED UNTIL END-MARCH
2024
    * ACCORDING TO CONTRACTUAL SCHEDULE, AS TIME PASSES LEVEL OF
MONTHLY COAL DELIVERIES WILL BE INCREASED FROM 50,000 TONS TO
100,000 TONS
    * COMPANY IS TO BE SOLE BUYER DURING DEAL'S BINDING PERIOD
    * IN CASES SPECIFIED UNDER AGREEMENT, EITHER PARTY MAY
TERMINATE
CONTRACT IMMEDIATELY
    * TOTAL COAL PURCHASE PRICE WILL INCLUDE ACTUAL PURCHASE
PRICE OF
RAW MATERIAL, COSTS OF SHIPPING AND HANDLING IN PORT AS WELL AS
COSTS OF SETTLEMENTS AND SELLER'S FEE

Source text for Eikon:  ID:nEM9Zphpba 
Further company coverage:  BMCP.WA 
 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))