The increase in coal prices will allow Shumba Energy to accelerate exports and generate revenue to push forward with the planned growth of its coal projects.Botswana-based company Shumba Energy is cautiously optimistic about the recent uptick in the physical coal price and Matola Coal Terminal‘s increased export capacity which, for a junior coal and energy development company such as itself, could enable it to accelerate exports and generate revenue to bring forward its planned growth, CEO Mashale Phumaphi tells Chantelle Kotze.

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