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Edenville Energy happy with Tanzanian ban of coal import

Staff Writer |
On August 10, 2016 the Tanzanian Ministry of Energy and Minerals (MEM) announced a directive banning the importation of coal into Tanzania.

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Edenville Energy says its Rukwa Coal to Power Project remains its core focus and we are continuing to move forward through its stages of development accordingly.

The Project is planned to encompass a mine mouth power plant of in excess of 100MW. Edenville Energy hopes to have significant updates on the status of the project shortly and it is currently advancing various workstreams in parallel with discussions with government authorities and potential partners.

However, the ban on imports of coal has created a significant near term opportunity for coal sales throughout Tanzania and Edenville Energy is reviewing its options to contribute to this production accordingly.

The company, through its Tanzanian subsidiary, holds a mining licence over its Mkomolo deposit and can also source coal from primary mining licences in the nearby Namwele deposit, where mining has previously occurred.

The project also holds a valid Environmental Impact Assessment Certificate from the National Environment Management Council. Edenville Energy is therefore well placed to rapidly instigate coal production subject to the Project’s economic viability.

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