{"id":7862,"date":"2022-05-31T12:39:09","date_gmt":"2022-05-31T12:39:09","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets"},"modified":"2022-05-31T15:18:40","modified_gmt":"2022-05-31T15:18:40","slug":"morupule-coal-secures-new-supply-markets","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets","title":{"rendered":"Morupule Coal secures new supply markets"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>As the demand for coal is currently at an all-time high, Morupule Coal Mine (MCM) will have its piece of the pie as the mine has received increased global and regional enquiries. MCM General Manager (GM) Edwin Ellias told BusinessMonitor that they recently entered into talks with several potential buyers as Botswana coal is in high demand.<\/b><\/p>\n<p>\u201cWe have lots of coal traders who have been sending enquiries, MCM has been identified as a potential solution, we have a lot of countries lined up and we are exploring potential partnerships with them. We believe we will be able to harvest this opportunity,\u201d he said. MCM recently signed two contracts to export P54 million worth of coal to Asia and P190 million worth of coal to Europe through Maputo, Mozambique. In addition, they are also in talks with Poland to export coal to their country. \u201cWe are selling to coal traders who are targeting the European markets.<\/p>\n<p>We are not specific to any country and are currently selling to Glencore, which supplies European markets. Our clients are mostly in Europe and Asia,\u201d he said. MCM is currently exporting to Namibia, South Africa, and Zimbabwe. COVID-19 has completely reshaped global coal markets as coal is expected to be the next major source of power generation. To meet the demand, the GM said they are working on ramping up production. The mine is in plans to build an additional plant. \u201cWe are currently in an optimization drive to double our capacity with 10 million tonnes per annum, we believe if we can push ourselves, we will be able to capitalize on the opportunity at the end of the day. And that is possible and can be done in the shortest time possible. The board has challenged us to accelerate these plans so that we don\u2019t miss out on the opportunity,\u201d he said.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. As the demand for coal is currently at an all-time high, Morupule Coal Mine (MCM) will have its piece of the pie as the mine has received increased global and regional enquiries. MCM General Manager (GM) Edwin Ellias told BusinessMonitor that they recently entered into talks with several potential buyers as Botswana [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":7861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8,16],"tags":[233,237,234],"class_list":["post-7862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Morupule Coal secures new supply markets - Botswana<\/title>\n<meta name=\"description\" content=\"As the demand for coal is currently at an all-time high, Morupule Coal Mine (MCM) will have its piece of the pie as t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morupule Coal secures new supply markets\" \/>\n<meta property=\"og:description\" content=\"As the demand for coal is currently at an all-time high, Morupule Coal Mine (MCM) will have its piece of the pie as t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-31T12:39:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-31T15:18:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/05\/img-629631ab15223.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"532\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Morupule Coal secures new supply markets\",\"datePublished\":\"2022-05-31T12:39:09+00:00\",\"dateModified\":\"2022-05-31T15:18:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets\"},\"wordCount\":327,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2022\/05\/img-629631ab15223.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/morupule-coal-secures-new-supply-markets\",\"name\":\"Morupule Coal secures new supply markets - 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