JOHANNESBURG (miningweekly.com) – Aim-listed Edenville Energy, which is developing the Rukwa coal project, in Tanzania, has entered into a nonexclusive two-year coal marketing agreement with a UK firm.
The firm, which will be responsible for introductions, liaison and, where appropriate, management of coal sales and delivery, has links to African energy and commodities trading and has been sourcing potential customers for the coal produced at Rukwa.
Now that the start of production of washed coal from Rukwa’s on site wash plant is imminent, it has allowed Edenville and the UK firm to start pursuing advanced negotiations with groups who have shown an interest in the Rukwa coal.
“We are extremely pleased to have formalised our relationship with a group which has been actively using its relationships throughout East Africa to introduce our coal to end-users.
“With the screen already operating and the imminent commissioning of the wash plant, the project is in a good position to provide processed coal to industry throughout East Africa. Additionally, we are very encouraged by the coal starting to be exposed and I hope we can fill a market niche for consistent quality coal shortly,” Edenville CEO Rufus Short commented on Tuesday.