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PPC signed new electricity supply agreement with Larco

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PPC announced yesterday that it has signed a new 4-year electricity supply agreement with Larco with retroactive effect (Jan 1st 2016 to Dec 31st 2020).

 

PPC adds that the decision of the arbitration (Feb ‘17) which regulated tariffs offered to Larco, cost containment measures that aim at the reduction of production costs and this new supply agreement allow Larco breathing room so that it can meet its obligations to PPC.

 

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