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Tanzania has exported its coal to the European market, stemming from a contract between Ruvuma Coal Limited and Hong Kong-based Kenexon Company. In lieu of a one-year contract, the companies recently traded 60,000 tonnes of coal to the Netherlands
Tanzania has exported its coal to the European market, stemming from a contract between Ruvuma Coal Limited and Hong Kong-based Kenexon Company. In lieu of a one-year contract, the companies recently traded 60,000 tonnes of coal to the Netherlands.
Coal is primarily used as fuel to generate electric power as also a key ingredient in steelmaking, and cement production among other uses. The consignment was transported from the Mtwara Port yesterday. Consignment brings the total volume of coal transported outside the country to 300,000 tonnes since the two firms inked the deal several months ago.
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The product has been transported to China and India. Tanzania is in discussions with various companies for new business prospects. It is set to sell coal to countries like India, China, Senegal, Egypt, and now Europe.
