New corporate strategy targets global coal markets
Within the next five years, Morupule Coal Mine (MCM) hopes to be producing three times as much coal as it sets out on an ambitious drive to triple its yearly revenue from P1 billion to P3 billion.
Officially launched in Palapye last Friday, if everything goes to plan, the new 2022/27 corporate strategy will see Morupule increase their annual output from 2.8 million tons to 7.6 million tons of coal by 2027.
Such numbers would position the mine as one of the biggest coal suppliers in Africa, at a time when Europe and Asia are sc...
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In this article:Africa, Asia, Asian, BCL power plant, Botswana International University of Science and Technology (BIUST), Botswana Oil Limited, Botswana Power Corporation (BPC), coal, coal markets, Dr. Bonny Matshediso, Edwin Elias, Europe, Maputo port, MCM Board Chairman, MCM Chief Executive Officer (CEO), Morupule Coal Mine (MCM), Morupule Colliery, Motheo coal mine, Namibia, Palapye, sea-borne exports, South Africa, Walvis Bay, Zimbabwe
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