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BRIEF-Allegiance Coal Enters Coal Off-Take Contract With Mays Mining Of Alabama

Published 01/12/2020, 11:49 am
Updated 01/12/2020, 11:54 am
© Reuters.

Dec 1 (Reuters) - Allegiance Coal Ltd AHQ.AX :

* ENTERED COAL OFF-TAKE CONTRACT WITH MAYS MINING OF ALABAMA

* UNDER AGREEMENT, CO TO ACQUIRE 60,000 TONNES/MONTH OF HIGH SULPHUR, HIGH-VOL 'A' HARD COKING COAL FOR 4 YEARS

* WILL RAIL AROUND 65,000 TONNES/MONTH OF NEW ELK HIGH-VOL 'B' HARD COKING COAL TO CONVENT MARINE TERMINAL, NEW ORLEANS

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