BCL woos investors for acid plant

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BCL Mine is hoping the increased number of foreign investor missions coming into the country will result in opportunities for the funding of its proposed P1.9 billion sulphuric acid plant.

Last week, the Selebi-Phikwe mine announced that it had finalised studies into the plant's viability, confirming research by the European Union indicating that such a plant is the only viable solution to BCL's sulphur dioxide pollution problem

With the costs of developing such a plant proving highly prohibitive to BCL, the Mine's vanguard is looking to investors, such as the German delegation that was on site last week, for possible funding solutions. The 22-member delegation toured BCL Mine, scouring for opportunities such as those presented by the proposed sulphuric acid plant. During the visit, BCL Marketing and Metals Support Divisional Manager, Gerry Ndlovu pitched the idea of funding the sulphuric acid plant to the Germans.Ndlovu explained that BCL produces large amounts of sulphur dioxide which can be captured to produce sulphuric acid.

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