Kibo inks MoU with Korea’s EWP for coal-to-power project
JOHANNESBURG (miningweekly.com) – Mineral explorer and developer Kibo Mining is hoping to conclude a joint venture (JV) with its Korean strategic partner for its Rukwa coal-to-power project, in Tanzania, in the near future, CEO Louis Coetzer said on Thursday.
The company recently signed a memorandum of understanding (MoU) with East-West Power (EWP), which provides for the general terms of the partnership, including terms on the scope of cooperation, sharing of information and confidentiality.
Coetzer said Kibo would host EWP on a site visit to Rukwa at the beginning of August and that it hoped to finalise the JV shortly thereafter.
“We are extremely pleased to progress Kibo’s relationship with EWP. This is the result of positive talks with the company in Korea at the end of June and is a further endorsement of the Rukwa coal-to-power project, following its inclusion in the Tanzanian government’s National Energy Strategy,” he said.
Kibo and EWP are looking to jointly develop a 300 MW to 350 MW mouth-of-mine thermal coal plant at the Rukwa deposit in southern Tanzania.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















