Tag: Poland: JSW declares force majeure due to Budryk coal mine fire

Poland-based coking coal producer Jastrzebska Spolka Weglowa SA (JSW) declared force majeure after the Budryk mine fire on 5 Apr’24, anticipating a 0.4 mnt loss in 2024. Previously, the Pniowek mine fire had led to a potential 0.35 mnt loss, which was then raised to 0.45 mnt. JSW’s five mines hold 6.7 bnt coal reserves,…