Kibo Mining Prepares to Present Rukwa Coal-to-Power Project Proposal to Tanzanian Government

Mining Weekly reported that Kibo Mining plans to present its Rukwa coal-to-power project proposal to the Tanzania Ministry of Energy and Minerals.

As quoted in the market report:

Through a subsidiary of its majority-owned Mzuri Energy, Kibo signed a memorandum of understanding in 2012 with an Asian conglomerate to develop a 250 MW to 350 MW power station alongside the Rukwa coal project, which is located near Mbeya in south-west Tanzania.

To view the whole Mining Weekly report, click here.