Ncondezi Energy Annual Loss Widens On Coal-Related Writedown
Alliance NewsBy Sam Unsted
Friday June 26, 2015 12:45 AM
Ncondezi said its pretax loss for 2014 was
The group said it made progress over the course of the year in developing the Ncondezi thermal coal mine and power plant project it is working on near Tete in northern
Despite "challenging" conditions in coal and energy markets, Ncondezi said it is still working on developing the power plant and intends to build on the progress made in 2014 in the coming year.
Shares in Ncondezi were down 3.5% to