adminZIMBABWE’S second largest coal producer, Hwange Colliery Company Limited (HCCL) yesterday said it had signed an agreement to sell coke and coke products to global miner Glencore on a six-month trial period. Hwange, in which government is the biggest shareholder with 37 percent shares, is the country’s second largest coal producer and supplies coke to national electricity company, Zesa.
“The contract is actually for coke. So there is a spot purchase, they’re buying stock that we have right now as well as trial of our coke products for some of their operations over a six-month period,” Thomas Makore, the firm’s managing director told Reuters.
He said the agreement took effect immediately but declined to give details on tonnage or value of the agreement.
Last month, Makore said Hwange was targeting to produce more than 300,000 tonnes of coal a month. — Reuters
Bongani Moyo
Online Reporter