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MCM launches five-year strategy

Monday, October 31, 2022 | 1110 Views |

MCM strategy launch PIC: PHATSIMO KAPENG

Morupule Coal Mine (MCM) has launched the MCM corporate strategy of 2022-2027 dubbed 1-3-27, a move aimed at ramping up the mine’s production to 7.6 million tonnes of coal per annum.

As production ramps up, the mine also plans on increasing revenues from P1 billion in 2023 to P3 billion by 2027.

The steady increase in demand for MCM products by Asian and European markets has informed the mine's five-year strategy.

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