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Kibo Energy CEO discusses reorganisation of Mabesekwa project

Published: 10:34 26 Sep 2019 EDT

Kibo Energy PLC’s (LON:KIBO) Louis Coetzee details the reorganisation of its Mabesekwa project in Botswana.

Kibo’s stake in the holding company that owns the project will reduce to between 35-40% from 85%, while partner Shumba will put up funding for a technical and feasibility study on a separate 300MW coal-fired station to power a new petrochemical plant being built in Botswana.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

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