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Minergy, a listed coal development company in Botswana, has announced that it has made progress in its Masama coal project by investing in infrastructure, while contracts for site clearing, civil engineering, electricity management and waste management were in various stages of appointment.
"While Minergy is still in the development and exploration stages, we have made significant progress towards operational status and have also invested in infrastructure, including offices in Medie and Lentsweletau," said Andre Bojé, CEO of Minergy. Minergy.
In addition to the preparatory work and commissioning of the contractors after the mining permit was granted on August 28, 208, Minergy actively encourages local communities to participate in job creation and improvement programs. quality of employment, including improving the school and clinic of the village closest to the mine. Medie, as well as electricity, he said.
Bojé said Botswana and Minergy both have an important role to play in meeting the growing demand for coal. Four million tonnes of coal exported from South Africa to the African continent in 2016 is expected to reach 38 million tonnes by 2030.
"The price of thermal coal has also risen 33% over the past 18 months, making it one of the top five products in the world. "The price of coal is rising, supply and demand are strong, especially in developing countries, which raises prices and keeps them high," he said.
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