Contango starts washed coking coal production

UK-based mining company, Contango, has commenced production of washed coking coal at its flagship Lubu project in Hwange.
The London-listed natural resource company said this follows recent dry and wet runs of the wash plant, as well as integration of the screen with broader processing facilities.
Chief executive Carl Esprey said the production is a landmark for the firm, adding that it is no small feat to bring a mine into production and something most junior mining companies never achieve.
“The focus for the company is now how to best expand operations at Lubu, leveraging off our producer status. We have advised previously we intend on manufacturing coke at Lubu, which is expected to increase our margins from US$80/tonne to over US$300/tonne at current pricing. We have continued to pursue this avenue in discussions with potential strategic partners,” he said.