Industrial Metals

Mining Weekly reported that a feasibility study and financial model of Edenville’s Energy plc’s (LSE:EDL) proposed Rukwa coal-to-power project, located in Western Tanzania, suggest two-phase construction of an integrated coal mine and power plant capable of generating over 300 megawatts.

Mining Weekly reported that a feasibility study and financial model of Edenville’s Energy plc’s (LSE:EDL) proposed Rukwa coal-to-power project, located in Western Tanzania, suggest two-phase construction of an integrated coal mine and power plant capable of generating over 300 megawatts.

As quoted in the market news:

Under the proposals, the first phase would see the establishment of two 60 MW generation units, while the second phase would see the construction of two 120 MW units.

The London-listed group added in a statement on Monday that there was also an opportunity for rapid scale-up to the second phase in parallel with the increasing energy demand profile in the East African State.

Click here for the full Mining Weekly report

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