17
Jul
11:07
Contango signs Zimbabwe coking coal offtake agreement
London-listed Contango has entered into a new offtake arrangement with United Arab Emirates-registered TransOre International FZE for the sale of up to 20,000 tonnes/month of washed coking coal from its Lubu (Muchesu) Project in Zimbabwe.
The contract is priced at the prevailing Minerals Marketing Corporation of Zimbabwe (MMCZ) coking coal price, currently at $120/tonne ex-mine, notes Kallanish.
Production of washed coking coal comme…
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