JSW Sinks Most Since 2023 as Coal Miner Faces Cash Shortage
NegativeFinancial Markets

Shares of JSW SA, Poland's largest coking coal producer, have plummeted as the company warns it could face a cash shortage in just six months without external assistance. This alarming news comes after the firm's auditor declined to approve its latest financial results, raising concerns about its financial health. The situation is significant as it highlights the challenges faced by coal producers in a shifting energy landscape, potentially impacting jobs and the local economy.
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