In a statement, the firm reported that the cancellation of contracts for the supply of the power plants José López Portillo, and Carbon II, in Nava, Coahuila, was given unilaterally by the CFE. These were renewed for 27 years through public bids.
“This decision will lead to Mining of the North, to the settlement of the staff of the unit MICARE, which comprises 2,000 workers and employees in Mexico, and 400 in Texas of your company Two Republics Coal Partnership, primarily mexican residents, in addition to affecting 5,000 workers of suppliers of various goods and services”, mentioned the signature in the document.
Blast Furnaces ensured that the closure of the Unit MICARE and the Two Republics in opposition to the will of Mining of the North to make an agreement of volumes and means a loss of 250 million dollars in mining equipment, civil works and the works of ecological rehabilitation.
At the beginning of June, Mining in the North and Corporate Industrial Coahuila obtained the income to a process of competition mercantile part of the Third District Court of the state of Coahuila, accusing liquidity problems related to the Federal Commission of Electricity (CFE).
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