Carbo One diversifies supplies across the African continent

April 29, 2019

Limassol, Cyprus, April 29, 2019

Carbo One Limited, one of the largest coal trading companies in the world, has been awarded long term tenders for the delivery of steam coal to Moroccan power plants, including Taqa Jorf Lasfar and Safi power plants. Carbo One’s strategy is to develop and diversify sales across the African continent, whereas the European market demand is dropping.

Geography of the deliveries of coal for power stations, cement and chemical plants has been expanded in 2018-2019 to countries such as Senegal, Benin, Togo and Egypt with projected total volumes around 3 million tonnes in 2019.