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Expanded Morupule Coal eyes surging global demand

Eyeing growth: Masisi during a tour of Morupule Coal Mine on Wednesday PIC: PRESS PHOTO
Eyeing growth: Masisi during a tour of Morupule Coal Mine on Wednesday PIC: PRESS PHOTO

Morupule Coal Mine expects its revenues to reach P3 billion next year, as its new 1.4 million tonnes per annum expansion, Motheo cashes in on the surging global demand for the mineral.

President Mokgweetsi Masisi officially launched the P1.7 million Motheo open cast mine on Wednesday, which will add to Morupule Coal’s current production of 2.8 million tonnes per annum.

The war in Ukraine has sparked an energy crisis from Europe to Asia, lifting demand and prices for coal and reversing years of disfavour the commodity has endured as a result of the global transition to greener energy sources.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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