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Hinda Logistics Study

6 Aug 2020 07:00

RNS Number : 2889V
Kropz PLC
06 August 2020
 

6 August 2020

Kropz Plc

("Kropz" or the "Company")

 

Hinda Logistics Study

 

Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, is pleased to announce an update for its Hinda phosphate project ("Hinda" or the "Project") located in the Republic of the Congo ("RoC").

 

The Company has appointed Hatch, a leading global engineering and construction firm, to conduct a focussed assessment on the export logistics capacity at its proposed port site in Pointe-Noire, in the RoC, which is 50 km from Hinda. The results of the study will confirm the achievable capacity through the proposed port site in Pointe-Noire and highlight any major drivers influencing throughput, from truck receiving to vessel loading. This, in turn, will enable Kropz to determine the capacity for the first phase of the mining and beneficiation plant at Hinda. The Company will announce the results as soon as they become available.

 

For further information visit www.kropz.com or contact:

Kropz Plc

 

Mark Summers (CEO)

+27 (0) 79 744 8708

 

 

Grant Thornton UK LLP

Nominated Adviser

Samantha Harrison

Niall McDonald

+44 (0) 20 7383 5100

 

 

Hannam & Partners

Joint Broker

Andrew Chubb

Ernest Bell

 +44 (0)20 7907 8500

 

Mirabaud Securities Ltd

Joint Broker

Rory Scott

Edward Haig-Thomas

+44 (0)20 3167 7220

+44 (0)20 3167 7222

 

 

Tavistock

Financial PR & IR (UK)

Emily Moss

Jos Simson

Oliver Lamb

+44 (0) 207 920 3150

kropz@tavistock.co.uk

 

R&A Strategic Communications

PR (South Africa)

James Duncan

+27 (0)11 880 3924

james@rasc.co.za 

About Kropz Plc

Kropz is an emerging African phosphate explorer and developer, with an advanced stage phosphate mining project in South Africa and a phosphate project in the Republic of the Congo. The vision of the Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focussed on sub-Saharan Africa.

END

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