Poland’s leading coal producer, Lubelski Wegiel Bogdanka SA, has announced a substantial $305 million write-offfrom the value of its assets, as the rise of wind and solar energy accelerates the decline of coal in the market Bogdanka, which is controlled by state-run utility Enea SA, cited "dynamic changes" in the domestic coal market and the increasing capacity of renewable energy sources as the primary reasons for this financial adjustment
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Source and Credit: mining.com
