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Bens Creek Group plc: Commencement of rail delivery & loan facility
Home / Client News / Bens Creek Group plc: Commencement of rail delivery & loan facility

Bens Creek Group Plc (AIM: BEN) is delighted to announce that on 1 June 2022 it commenced the delivery, by railroad, of its High Vol B (“HVB”) product to Integrity Coal Sales Inc. (“Integrity”), the Company’s offtake partner.

Initially, the Company had been supplying Integrity with Run of Mine (ROM) coal via truck, whilst it completed the remediation of the wash plant and railway spur line.

Following completion of both of the infrastructure projects noted above, the Company has built up an inventory of clean coal which it is now delivering, via railroad, at circa 11,000 tons per train, from its 3.2 mile rail spur connecting to the Norfolk Southern Railway system, which transports the coal to the port of Norfolk, Virginia.

https://www.londonstockexchange.com/news-article/BEN/commencement-of-rail-delivery-loan-facility/15480388

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