Cyrios gets Serious about Russian Mining Commodities, with T

In an area of Russia that is home to six of the largest companies in the country, trading company and coal mine owner G&T LLC has contracted with Cyrios Inc. and its affiliated company EuroPacific International for the sale of up to 500,000 MT of coal per month with exclusive contracts to India and South Korea. The multi decade agreement appoints Cyrios as the seller mandate to sell coal at very competitive rates to utility and steel manufacturing companies in the region. Based on the shear volume of product available from G&T and on Cyrios' direct access to coal supplies, the agreement - which includes the rights to sell coal to other countries in the region - positions Cyrios to become an international heavy-weight in meeting the growing global demand for energy.

Category:

News & Politics

Tags:

• Coal
• Energy
• commodities
• india
• energy
• South
• Korea
• India
• resources