COAL
Dual-listed Kibo Mining has signed a strategic memorandum of understanding (MoU) with Lafarge Tanzania subsidiary Mbeya Cement, to develop regional collaboration and to allow for reciprocal supply of materials. The MoU includes discussions with regional development partners to allow socioeconomic and related development programmes and projects in the Mbeya and Songwe regions; an exclusive coal supply agreement between the Mbeya coal mine and Mbeya Cement; a limestone mining and supply agreement; and a fly ash supply agreement.
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