Feasibility study finalised for Mbeya coal-to-power project

The positive outcome of Aim- and AltX-listed Kibo Mining’s integrated bankable feasibility study (IBFS) for the Mbeya coal-to-power project (MCPP), in Tanzania, has placed the company in “a strong position” during the ongoing discussions and negotiations for the final power purchase agreement, as well as with potential projects funders and investors. The finalised IBFS, which comprises the definitive mining feasibility study, the definitive power feasibility study, the integrated financial model for the MCPP and all other relevant technical studies completed to date, has presented a financially, technically and operationally robust project.