| Arch Coal Takes 25% Stake in DKRW Advanced Fuels; |
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Arch Coal, the US’s second-largest coal producer, has acquired a 25% equity interest in DKRW Advanced Fuels, LLC. In exchange, Arch has agreed to extend its existing option agreement with DKRW Advanced Fuels, to work with DKRW Advanced Fuels to secure coal reserves for two additional coal-to-liquids (CTL) projects outside of the Carbon Basin, and to invest $25 million in the company.
greencarcongress
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Posted on Friday, August 25 @ 22:40:10 PDT by Waegari |
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