Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalTigers Realm Coal’s (“TIG’s”) vision is to build a global coking coal company through the development of its assets located in the vicinity of the Bering Sea coast in the Russian Far East, Chukotka Autonomous Okrug (District). The two TIG controlled Licences, Amaam and Amaam North, together comprise the “Amaam Coal Project”. Integral to the realisation of the Amaam North project is the TIG owned Beringovsky Port and Coal Terminal, located 35km to the north east of the Amaam North tenement.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalTigers Realm Coal, partly owned by Russia’s state investment body, has launched legal action against the federal government in the wake of Foreign Minister Penny Wong’s sanctions imposed to prevent Australian companies doing business in Russia following Vladimir Putin’s invasion of Ukraine.
Tigers Realm Coal Limited engages in the identification, exploration, development, mining, and sale of coal deposits in Russia and Asia. Tigers Realm Coal said it will sell its assets, including two Siberian coking coal mines and an export terminal, for $49 million to APM-Invest, owned by Russian businessman Mark Buzuk.