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How Black Rock’s New Power Deals Could Transform Mahenge’s Future

2:45am on Monday 2nd of June, 2025 AEST Mining
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How Black Rock’s New Power Deals Could Transform Mahenge’s Future

2:45am on Monday 2nd of June, 2025 AEST
Key Points
  • Two agreements signed with TANESCO for power line construction and cost recovery
  • US$40 million project cost aligns with previous capital expenditure estimates
  • New 220kV power line connects Mahenge to competitively priced hydro-dominated power
  • Power Supply Agreement enables accelerated repayment benefiting both parties
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