Stockholders of Shubarkol komir JCS (Kazakhstan) decided to make the major deal with TELF AG (Switzerland)

18.10.11 16:04
/IRBIS, October 18, 2011 - Shubarkol komir JCS (Karaganda, hereinafter - Company), whose stocks are officially listed at KASE, has provided KASE with the copy of minutes of recurrent general meeting of the stockholders from September 30, 2011. According to the presented document the company's shareholders have decided to conclude a deal with TELF AG (Switzerland) with the total amount of the contract more than $ 25,000,000.0 for a period of not less than 10 years, with an overall level of supply of at least 57,000,000.0 tons of coal. [2011-10-18]