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MC Mining Advances Makhado Project, Kinetic Group Takes 44% Stake

9:32am on Tuesday 24th of February, 2026 AEDT Mining
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MC Mining Advances Makhado Project, Kinetic Group Takes 44% Stake

9:32am on Tuesday 24th of February, 2026 AEDT
Key Points
  • Kinetic Development Group now holds 44.01% of MC Mining shares
  • Makhado Project moves from construction to commissioning phase
  • Target steady-state production of 800,000 tonnes hard coking coal by end 2026
  • Strong safety record with over 1,000 lost-time injury free days
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