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"The signing of the Phase 1 HCC off-take agreement with AMSA is a massively positive step for Makhado. MC Mining is now positioned to become South Africa's pre-eminent producer of high-grade metallurgical coal and the Makhado coking coal will partially replace coking coal currently imported.
MC Mining said on Wednesday it had signed an off-take agreement with ArcelorMittal South Africa (AMSA) that would result in the latter purchasing hard coking coal to be produced from Phase 1 of ...
Offtake agreements have already been secured for 85% of the hard coking coal from the first phase and of the thermal coal by-product. "We're confident that we'll get Makhado Phase 1 ...
Jul 15, 2019· MC Mining has announced the approval by the Industrial Development Corporation of South Africa of a term loan facility to fund the construction of Phase 1 of the Makhado hard coking coal project. The loan reaffirms the economics of the Makhado project and follows the conclusion of off-take agreements for the coal to be produced by Phase 1.
Coal exploration, development and mining company MC Mining has signed the first coal offtake agreement for hard coking coal (HCC) to be produced at its Makhado hard coking and thermal coal .
The miner was granted a New Order Mining Right ("NOMR") for its flagship Makhado hard coking and thermal coal project in South Africa's Limpopo Province.
Oct 29, 2018· MC Mining Limited ('MC Mining') is pleased to announce the conclusion of a Coal Purchase Agreement (the 'Agreement') for hard coking coal ('HCC') to be produced by the Makhado hard coking and thermal coal project ('Makhado Project' or 'Makhado') located in South Africa's Limpopo province. The ...
Jun 19, 2019· TWO months after finalising an off-take agreement for thermal coal from its Makhado project, MC Mining has a deal with ArcelorMittal South Africa (AMSA), the steelmaker, on the metallurgical coal element of the proposed Limpopo province mine.. The Johannesburg-listed firm said today it had agreed with AMSA to sell it a minimum of 300,000 tons a year of hard coking coal .
Oct 02, 2017· Coal of Africa's Makhado Project to start in a year. ... comprising 0.7mtpa to 0.8mtpa of hard coking coal and 0.9mtpa to 1mtpa of export quality thermal coal." ... the CoAL .
MC Mining says that will support the long-term viability of its Makhado hard coking coal project in Limpopo. With SA producing limited quantities of high-quality metallurgical coal, MC says the development of Makhado will make it the pre-eminent producer of hard coking coal, which trades at a significant premium to thermal coal and is a key ...
MC Mining (ASX:MCM) has secured the first offtake agreement for hard coking coal (HCC) from its Makhado project in South Africa's Limpopo province. The agreement, set to last three years, is ...
Jan 27, 2017· The project is Owned by Coal of Africa Limited (CoAL), a South African publicly listed, emerging developer of hard coking and thermal coal resources. South Africa currently produces 3.7 percent of the global output of coal. The country itself has around 30 billion tonnes of coal, which equates to more than one hundred years' supply.
MC Mining's flagship Makhado hard coking and thermal coal project in the Soutpansberg coalfield in the Limpopo province is situated 36km north of the town of Makhado and 80km southeast of the Vele Colliery. The phased development of the Makhado Project will ensure continued scalability.
Sep 17, 2019· Makhado will be South Africa's first hard coking coal exporting mine to be developed in South Africa. The project is located 35 kilometres north of the town of Makhado in the Limpopo province and represents MCMining's most advanced project in the Soutpansberg Coalfield.
Oct 30, 2018· MC Mining has concluded a coal purchase agreement for hard coking coal to be produced by the Makhado coal project located in the Limpopo province in South Africa. The parties to the agreement are MC Mining's subsidiary, Baobab Mining & Exploration, the owner of the Makhado project and Huadong Coal ...
The Makhado Project will produce hard coking and thermal coal through opencast mining. There are currently 172.73Mt run-of-mine (ROM) reserves in situ which will be mined over the life-of-mine of 16 years, expected to be mined at an average rate of 12.6Mtpa ROM. There is .
Oct 29, 2018· MC Mining said that the three-year off-take will result in the supply of a minimum of 400,000 tonnes of hard coking coal per annum to HDCTC, which amounts to half of Makhado's annual hard coking ...
Sep 30, 2019· JOHANNESBURG (miningweekly) – Hard coking coal and thermal coal producer MC Mining, which was successful in securing the Industrial Development Corporation (IDC) credit-approved facility of ...
May 21, 2015· Coal of Africa Limited has announced the granting by the South African Department of Mineral Resources (DMR) of a New Order Mining Right (NOMR) in terms of the Mineral and Petroleum Resources Development Act for its flagship Makhado hard coking and thermal coal .
MC Mining announced the conclusion of a coal purchase agreement for hard coking coal to be produced by the Makhado hard coking and thermal coal .
CoAL granted New Order Mining Right for Makhado Project. by Ina King (Potgieter) The South African Department of Mineral Resources (DMR) recently granted a New Order Mining Right (NOMR) to Coal of Africa Limited (CoAL) for its flagship Makhado hard Coking And Thermal Coal Project.
First Makhado project hard coking coal off-take agreement secured Posted by John on 29th October 2018 MC Mining Ltd has concluded a Coal Purchase Agreement for hard coking coal (HCC) to be produced by the Makhado hard coking and thermal coal .
Apr 18, 2019· MC Mining Limited announced the conclusion of a coal Sale and Purchase Agreement for the export quality thermal coal to be produced by Phase 1 of the Makhado hard coking and thermal coal .
Jul 23, 2019· The Industrial Development Corporation of South Africa has approved a term loan facility to fund the construction of Phase 1 of the Makhado hard coking coal project.. David Brown, CEO of MC Mining, confirmed the reports and said that the loan reaffirms the economics of the Makhado project and follows the conclusion of off-take agreements for the coal to be produced by Phase 1.
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