Brief: NACCO Industries Announces Notification Of Contract Mining Agreement Termination For The Navajo Mine

NACCO Industries

18/06/2021 17:18

June 18 (Reuters) - NACCO Industries Inc  NC.N :
    * NACCO INDUSTRIES, INC. ANNOUNCES NOTIFICATION OF CONTRACT
MINING
AGREEMENT TERMINATION FOR THE NAVAJO MINE
    * NACCO INDUSTRIES INC - ANTICIPATED NTEC WILL PAY NACCO A
TERMINATION FEE OF APPROXIMATELY $10 MILLION
    * NACCO INDUSTRIES INC - EXCLUDING TERMINATION FEE,
TERMINATION OF
CONTRACT MINING AGREEMENT DOES NOT MATERIALLY IMPACT NACCO'S
OUTLOOK FOR 2021
    * NACCO INDUSTRIES INC -  TERMINATION OF CONTRACT MINING
AGREEMENT
WILL HAVE A MATERIAL UNFAVORABLE EFFECT ON NACCO'S LONG-TERM
EARNINGS

Source text for Eikon:  ID:nPnG3mNha 
Further company coverage:  NC.N 

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