Wednesday, July 22, 2009

(TALKZIMBABWE) Hwange colliery wins Zambian tender

Hwange colliery wins Zambian tender
Tendai Midzi
Fri, 17 Jul 2009 00:03:00 +0000

HWANGE Colliery Company, Zimbabwe's main coal producer announced Tuesday that it had won a contract to supply US$5 million worth of the commodity to Zambia. An official of the company said the deal was struck recently at an International Trade Fair in the Zambian city of Ndola.

He said shipments to Zambia would start immediately, and prospects were bright f or further supply deals beyond the current contract.

Hwange Colliery Company, which is listed on the Zimbabwe and Johannesburg stock exchanges, is the country's biggest coal producer and exports to a number of countries. It has coal reserves running into billions of tonnes.

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