HWANGE Colliery Company Limited (HCCL) says it has embarked on new corporate growth strategies, culminating in a US$200 million joint venture portfolio.Having been in existence for over 120 years, HCCL has been pivotal in supporting the country’s economic growth through supply of coal for thermal power generation.However, financial and operational challenges have left the company…
HCCL secures US$200m in JVs
HCCL has also invested US$60 million to ramp up coal production to three million tonnes annually by 2027, in a major push to support the country’s power generation needs.