Epanko Graphite Project Undergo Studies for 50% Production Expansion

 Australian graphite developer Kibaran Resources (ASX:KNL) announced that it has started studies on expanding the production capacity of its Epanko Graphite Project in Tanzania, by 50%.

The studies will focus on increasing Epanko’s capacity from 40,000 tons per annum (tpa) of graphite concentrate to 60,000tpa. Kibaran decided to start the expansion studies after securing binding agreements covering all of the project’s 40,000tpa forecasted production.

Posted on : Tuesday , 30th August 2016

Tanzania LNG Plant Production to Last 40+ Years

 After completing the construction of Tanzania’s Liquefied Natural Gas (LNG) plant in Lindi, production is expected to continue for at least 40 years.

The announcement was made by Oystein Michelse, Statoil Country Representative, during talks with Tanzania’s President John Magufuli on August 22nd 2016.

Michelse noted that the Norwegian Government has committed to implementing the project for the benefit of both sides and urged the Government of Tanza.... Read more »

Posted on : Tuesday , 30th August 2016

Ethiopia: Chinese Company to Commence Luxury Apartments Building

 A Chinese company, Heng Yang Investment, has launched the construction of Hongtu, a 54-storey luxury apartment, in the Lafto District of Addis Abeba. The construction will be undertaken by a Chinese construction firm, Hongtu Real Estate. Covering a total area of 1272sqm, each apartment will be 88 to 173sqm, with a double lift design, 54 parking spaces, one supermarket and other high quality living facilities - gym, sauna and massage rooms.