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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cambrian Min'a' | LSE:CBMA | London | Ordinary Share | GB0033414383 | A' WTS TO SUB FOR ORD |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 3400K
Energybuild Group PLC
18 December 2008
Energybuild Group Plc / Index: AIM / Ticker: EBG / Sector: Mining
18 December 2008
Energybuild Group Plc ('Energybuild' or 'the Company')
Signs Coal Supply Agreement with Evans & Reid Coal Company Limited
Energybuild Group Plc, the AIM listed Welsh anthracite producer, has signed a five year coal supply contract with Evans & Reid Coal
Company Limited ('Evans and Reid'), a leading UK distributor of solid fuels. Under the terms of the agreement, Energybuild will sell the
entire quantity of its sized products, produced from the Aberpergwm Mine exclusively to Evans & Reid at set prices, subject to excepted
sales that include sales to local domestic customers.
The agreement with Evans & Reid is in addition to Energybuild's existing contract with RWE Innogy to supply coal into the Aberthaw power
station.
Energybuild Managing Director Rhidian Davies said "We are pleased to announce this new working relationship with Evans & Reid in terms
of the sale of our sized coal into the domestic and European market where we are witnessing continued strong demand amongst consumers for
the Aberpergwm coal. The low sulphur content anthracite produced at Aberpergwm is of the highest quality and is therefore perfect for
distribution and sale for domestic use."
***ENDS ***
For further information please visit www.energybuild.co.uk or contact:
Rhidian Davies Energybuild Group plc Tel: 01639 722 400
Mark Percy Seymour Pierce Limited Tel: 020 7107 8000
Victoria Thomas St Brides Media & Finance Ltd Tel: 020 7236 1177
Chris Welsh St Brides Media & Finance Ltd Tel: 020 7236 1177
Notes
Energybuild Group Plc, a developer and producer of Welsh anthracite is listed on AIM. The Group is presently developing the Aberpergwm
Mine and adjoining underground anthracite coal reserves and resources located in the Neath and Dulais Valleys of South Wales. The mine has a
proven and probable coal reserve of 7.6 million tonnes and estimated recoverable inferred coal resource of 36.2 million tonnes. The company
also operates the nearby Nant y Mynydd surface opencast coal and stone mining site area which is currently producing 2,000-3,000 tonnes of
coal per week. Energybuild has identified further possible opencast sites within the Aberpergwm Surface Lease for potential development. AIM
listed Cambrian Mining plc hold a 50.6% stake in Energybuild.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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