We are also assisting in the design of a 5-10tph demonstration...

We are also assisting in the design of a 5-10tph demonstration plant to be constructed outside Johannesburg to better respond to the market desire there to clean up the tailings and use them commercially in power generation.

Last week S32 announced to provide $250 million in funds to smooth the sale of its South African energy coal business to mining group Seriti Resources. S32 will pay $200 million across a decade to partly fund costs of the environmental clean up of the mines of its South Africa Energy Coal unit once they close, and a $50 million facility to pay for the costs of restructuring some loss-making mining sites.

The sale of S32 coal assets to Seriti once halted the construction of the 1st BCB plant in South Africa. There seems to a real chance to re-commence activities because the transfer of these assets to Seriti is nearly complete.