19
May
16:41
Baobab signs Tete power agreement, continues investor search
Baobab Resources hopes its agreement to procure the eventual power requirement for its prospective Tete Steel plant will help it find a strategic investor for the project, a company official tells Kallanish.
Baobab has signed a binding term sheet valid till 30 September with Kibo Energy to procure 200MW energy for the prospective Mozambique steelworks. This means Baobab will exclusively deal and negotiate with Kibo regarding entering into a Power Purchase Agr…
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Anonymous
Very good overview of the weekly steel market.
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