LME clearing house unveils reforms, to triple member capital requirements
The exchange also said that LME Clear would reduce the amount members have to contribute towards its default fund.
Australia’s Prairie Mining has confirmed its intention to open a coal mine in southeast Poland by 2023, saying it was confident the $632 million (558 million euro) project would be profitable, a report said Monday.
Prairie’s local subsidiary PD Co will submit a request for a mine concession in the Lublin region, close to the border with Ukraine, the group’s chief executive Ben Stoikovich told Polish news agency PAP.