Kibo releases definite feasibility study

Kibo Mining has released the results of the Power Definitive Feasibility Study (PDFS) for the Mbeya coal-to-power project (MCPP) in Tanzania, confirming total estimated project costs well below those stated in the prefeasibility study (PFS)

Tractabel Engineering prepared the PDFS and confirmed the recommendation made in the PFS of a 2 x 150 MW plant design using circulating fluidised bed technology. The PDFS also includes provision for near-term expansion of the power plant to at least 600 MW.

The PFS annual production target of 1840 GWh was also confirmed, requiring average consumption of 1.497 million tpy of ROM coal from the co-located mine site.

“The PDFS is the cornerstone of the MCPP and the positive results confirm the very robust fundamentals of the MCPP,” said Louis Coetzee, Kibo’s CEO.

“With the PDFS in place, the final development phase of the integrated bankable feasibility study will commence and the parallel work streams in the MCPP feasibility programme can now be completed.”

Edited by Jonathan Rowland.

Read the article online at: https://www.globalminingreview.com/exploration-development/04052016/kibo-releases-definite-feasibility-study-2016-711/