CoAL signs MoU with potential investor for Makhado project

April 29, 2016

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Coal of Africa Limited (CoAL) has signed a memorandum of understanding with Qingdao Hengshun Zhongsheng, which has shown an interest in acquiring an interest in CoAL’s flagship Makhado coking coal project, in the Soutpansberg coalfield. Hengshun had now started a due diligence on Makhado.

Category: General