Carbo One signs contract with Natural Mining Resources (Spain)

January 15, 2019

Limassol, Cyprus, January 15, 2019

Carbo One Limited, one of the largest coal trading companies in the world, and Natural Mining Resources have signed a contract for the supply of five different grades of coal through the port of Gijon to the Spanish market as a part of an ongoing long-term cooperation.

The two companies started to work together in 2018 and Carbo One has already supplied about 0.2 mio t of various material.

Natural Mining Resources is building a partly covered storage area of 120 000 m2 located in the Free Zone of Gijon port. The storage will be fully operational in March 2019 and allow both companies to develop operations in the market and target smaller customers throughout Spain.

In 2018 Carbo One delivered more than 2 mio t of coal to Spain and is currently taking strategic steps to diversify its supply with deliveries of niche products, including anthracite, premium grades of metallurgical material and coal for households.