HWANGE Colliery Company (Hwange) says it plans to grow its market share of coking coal sales in neighbouring countries this year.
The coal miner, currently under administration, previously said it is increasing inroads in regional markets such as Zambia, DRC, Malawi, Mozambique, Botswana and South Africa, which is however negatively affected by poor logistics.
“Advanced plans to develop dedicated solutions for the delivery of coking coal and coke products in the region are underway,” Hwange administrator Munashe Shava said in a statement accompanying the miner’s financials for the year ended December 31, 2022.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.