Kinetic Development Updates MC Mining Makhado Project Toward April 2026 Trial Operations

Reuters19:47

<a href="https://laohu8.com/S/KDGLF">Kinetic Development</a> Updates MC Mining Makhado Project Toward April 2026 Trial Operations

Kinetic Development Group Limited said construction of MC Mining’s Makhado Project is progressing steadily, with completion expected by end-March 2026 and joint trial operations slated to start in April 2026. The project is designed to produce 800,000 tonnes of coking coal and 700,000 tonnes of thermal coal annually once stable operations are reached, with capacity expansion under testing that could lift output within two years to 2.2 million tonnes of coking coal and 1.8 million tonnes of thermal coal. The company also reported it now holds about 44.01% of MC Mining after subscribing for a total of 325,437,024 new shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinetic Development Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260224-12028836), on February 24, 2026, and is solely responsible for the information contained therein.

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