Shougang Fushan Resources signs agreement on coal products sales with Hongguang Power Generation

Shougang Fushan Resources Group Limited announced that it signed a framework agreement on coal products sales with Hongguang Power Generation under Shanxi International Energy Group on July 3rd.Asian Metal CopyrightShougang Fushan Resources Group Limited announced that it signed a framework agreement on coal products sales with Hongguang Power Generation under Shanxi International Energy Group on July 3rd.Asian Metal Copyright According to the agreement, Shougang Fushan Resources (the seller) will supply coal products (including coal by-products produced during the production of washed coal and coking coal) to Hongguang Power Generation (the buyer).Asian Metal CopyrightShougang Fushan Resources Group Limited announced that it signed a framework agreement on coal products sales with Hongguang Power Generation under Shanxi International Energy Group on July 3rd.Asian Metal Copyright When the agreement goes into effect, the seller and the buyer will further sign special sales agreements based on the stipulation and conditions of the framework agreement.Asian Metal Copyright When the agreement goes into effect, the seller and the buyer will further sign special sales agreements based on the stipulation and conditions of the framework agreement.Asian Metal Copyright The sales from July 3rd to December 31st, 2019, will be no more than RMB60 million (USD8,732,735); those before December 31st, 2020, will be no more than RMB100 million (USD14,554,558) and those before December 31st, 2021, will be no more than RMB120 million (USD 17,465,469).
.Asian Metal CopyrightShougang Fushan Resources Group Limited announced that it signed a framework agreement on coal products sales with Hongguang Power Generation under Shanxi International Energy Group on July 3rdAsian Metal Copyright