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Kibo Mining - MOU Mbeya Cement
KIBO Fri, 21 Apr 2017, 11:00 BST
Louis Coetzee, CEO, provides an update on the MCPP and the signing of a strategic Memorandum of Understanding with Mbeya Cement. This MOU constitutes Kibo's very first step towards implementation of the broader MCPP regional and local development objectives; their first commercial diversification opportunity in as far as coal supply agreements are concerned, other than to the Mbeya Power Plant. It also marks the first direct electricity supply agreement opportunity outside commitments within the PPA.
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