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    coal investing

    Kibo Reports on Metallurgical Testwork at Mbeya Coal Resource

    Charlotte McLeod
    Feb. 17, 2016 04:55PM PST
    Industrial Metals Investing

    Kibo Mining plc (LSE:KIBO) announced special analysis test results on the Mbeya coal resource, located at the Mbeya coal to power project.

    Kibo Mining plc (LSE:KIBO) announced special analysis test results on the Mbeya coal resource, located at the Mbeya coal to power project.
    Highlights are as follows:

    • Ash fusion temperature (in both oxidizing and reducing environments) well above boiler operating temperature;
    • Abrasive index of coal well within specifications for use with the fluidized bed technology;
    • The Hardgrove Grindability Index (“HGI”) test shows coal to be within specifications for use with fluidized bed technology;
    • Sulphur content well within tolerance;
    • Lime injection technology will be able to comfortably keep Sulphur Dioxide emissions within required international emission standards; and
    • Ash content within tolerance levels for similar coal deposits in Southern Africa.

    Louis Coetzee, CEO of Kibo Mining, commented:

    The results from the metallurgical test work on the Mbeya coal resource, marks another major step forward in the development of the MCPP. Feasibility work done to date on the Mbeya coal resource independently concluded that the mining component of the MCPP is a very robust mining project with outstanding economic and technical fundamentals. This did however not consider specific metallurgical properties of the coal as such and whether the properties of the Mbeya coal would be equally complimentary to the technical fundamentals of the power component of the MCPP.
    The metallurgical test results received have proven that the Mbeya coal not only meets, but exceeds, the standard technical requirements of the power plant. With these latest test results the Mbeya coal resource has now passed all the technical and economic requirements to qualify as a suitable long term fuel source to the Mbeya Power Plant.
    We can now focus all our attention and resources on concluding the remaining mostly administrative and commercial aspects of the MCPP DFS.

    Click here to read the full Kibo Mining plc (LSE:KIBO) press release.

    coal investing
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