Demand exceeds output at Minergy as coal shines again
Friday, July 29, 2022 | 2730 Views |
Charged up: Minergy is looking to boost its production to match the increasing demand PIC: MINERGYCOAL.COM
Giving an update on the market, the CEO said orders in the first six months of the year exceeded the current nameplate production at Masama Mine, resulting in the group declining some orders.
Masama’s processing plant, which was successfully commissioned in October 2021, has a nameplate capacity of 125,000 tonnes of coal per month.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...