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SEEEN plc CEO, Adrian Hargrave, discusses operational & trading highlights & outlook for 2025
SEEEN plc CEO, Adrian Hargrave, discusses operational & trading highlights & outlook for 2025View Video
Majestic Corporation: An Introduction to Urban Mining and Critical Mineral Recycling
Majestic Corporation: An Introduction to Urban Mining and Critical Mineral RecyclingView Video

Latest Share Chat

Edenville Energy scores East African supply conract

Wed, 22nd Aug 2018 09:03

(Sharecast News) - AIM-listed firm Edenville Energy has inked a two-year coal supply contract with an East African industrial group.Edenville, which is developing a coal project in southwest Tanzania, will provide its unnamed customer with as much as 4,000 tonnes of coal with a gross calorific value greater than 4,800 per month.While no numbers were disclosed, Edenville said the pair had already agreed on pricing, based on calorific content and local commercial rates.Rufus Short, chief executive of Edenville, said, "I am very pleased our team have been able to work alongside this customer to ensure their needs are met and that the company can look forward to supplying the customer coal for at least the next two years."Edenville has been working with its mystery customer to optimise the duo's product and transport options and is currently undertaking upgrades at its project site to ensure the contract, along with its other customer deliveries, can be met.As of 0900 BST, Edenville shares had surged 12.28% to 0.32p.
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