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    coal investing

    Hwange Begins Coal Shipment Through Mozambique

    Written by Investing News Network
    |
    May. 10, 2012 06:52PM PST

    Bloomberg reported that Hwange Colliery Ltd. (LSE:HWA) is shipping 60,000 tons of coal to India via Mozambique.

    Bloomberg reported that Hwange Colliery Ltd. (LSE:HWA) is shipping 60,000 tons of coal to India via Mozambique.

    As quoted in the market news:

    Hwange is exporting as its main consumer, Zimbabwe Power Corp., a wholly owned unit of the state-owned Zesa Holdings (Pvt) Ltd., has enough stocks until August and is receiving 5,000 tons of coal a day.

    Click here to read the full Bloomberg report.

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