# Edenville Energy PLC Project Marketing and Construction Update

- Link: https://www.directorstalkinterviews.com/edenville-energy-plc-project-marketing-construction-update/412734229
- Published: 2017-08-29T07:23:54+01:00
- Author: Giles Arbor

**Edenville Energy plc** (LON:EDL), the company developing a coal project in south
west Tanzania, has today provided an update on coal marketing and construction at
the Company’s Rukwa coal project site.

**Marketing Agreement**

The Company is pleased to announce that it has entered into a marketing agreement
with a UK company (the “Agent”) with links to African energy and commodities trading.
The Agent, which has been sourcing possible customers for Edenville’s coal, wishes
its identity to remain confidential at this time for commercial reasons.

Now that the start of production of washed coal from the Company’s onsite wash plant
is imminent, it has allowed both parties to start to pursue advanced negotiations
with groups who have shown an interest in the Rukwa coal. Over the coming weeks 
and months we will be developing those relationships with the intention to secure
orders for Edenville coal.

The marketing agreement with the Agent has an initial timeframe of two years which
can be renewed by mutual consent. Importantly, it is non-exclusive, and also allows
Edenville to discuss and market our coal independently to other groups not introduced
by the Agent.

The Agent will be responsible for introductions, liason and where appropriate, management
of coal sales and delivery. They will be remunerated on a commission basis on completed
sales.

**Construction Update**

· On site construction is continuing to advance rapidly. Since the last announcement
on 25 August 2017 the coal screen has now been tested and is operational, having
already processed coal from the mine.

· The wash plant frame, drum and launder are now assembled on their concrete base
and work is progressing on assembly of the remaining conveyors and infrastructure.

![Edenville Was Assembly](https://www.directorstalkinterviews.com/wp-content/uploads/
2017/08/Edenville-energy-wash-assembly.jpg "Edenville Energy PLC Project Marketing
and Construction Update (EDL)")

> **Rufus Short, Edenville Energy Plc CEO, commented:** “We are extremely pleased
> to have formalised our relationship with a group which has been actively using
> its relationships throughout East Africa to introduce our coal to end users. With
> the screen already operating and the imminent commissioning of the wash plant,
> the project is in a good position to provide processed coal to industry throughout
> East Africa. The team on site has put in great efforts to make up any lost time
> that was out of our control and construction is advancing rapidly. Additionally
> we are very encouraged by the coal starting to be exposed and I hope the we can
> fill a market niche for consistent quality coal shortly.
> “We look forward to continuing to provide updates on the progress of the project
> in the coming weeks.”

Share on: