Talks with banks on loans for Polish JSW miner ongoing, state assets minister says

Jastrzebska Spolka Weglowa SA

05/11/2025 10:20

WARSAW, Nov 5 (Reuters) - The Polish state assets ministry is in talks with banks on loans for troubled miner JSW, state assets minister Wojciech Balczun said on Wednesday.

"We're talking to the banks. The company needs to go through a restructuring process, it needs to clear itself of unnecessary assets that could be a source of funding," he told journalists.

 (Reporting by Marek Strzelecki, writing by Anna Wlodarczak-Semczuk;)

 ((anna.wlodarczak@thomsonreuters.com;))