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Tancoal hits record sales on continuing import ban

Published by
World Coal,


Tancoal Energy has achieved record monthly coal sales in November, according to an announcement from its parent company, ASX-listed Intra Energy. Sales hit 35 370 t, an increase on the 29 767 recorded in October.

The increase in sales comes on the back of a government ban on coal imports. The ban was recently affirmed by the Minister of Energy and Minerals, Sospeter Muhongo, during a visit to the Tancoal mine on the back of the company’s success in meeting supply requirements.

Sales were also made into neighbouring Rwanda and Kenya.

Coal production for the month was 36 079 t, the second-largest monthly total after that achieved in November last year. Overburden removal hit a record 0.2 million BCM due to the utilisation of new, larger contractor equipment, which started work during the month.

Larger haulage units have also been ordered to increase coal haulage capacity between the mine and stockpile.

Tancoal is 70% owned by Intra Energy and is a partnership with the National Development Corp. of Tanzania.

Read the article online at: https://www.worldcoal.com/mining/08122016/tancoal-hits-record-sales-on-continuing-import-ban/


 

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