Hinda Logistics Study

RNS Number : 2889V

Kropz PLC

06 August 2020

 

6 August 2020

Kropz Plc

("Kropz" or the "Company")

Hinda Logistics Study

Kropz Plc (AIM: KRPZ), an emerging African phosphate explorer and developer, is pleased to announce an update for its Hinda phosphate project ("Hinda" or the "Project") located in the Republic of the Congo ("RoC").

The Company has appointed Hatch, a leading global engineering and construction firm, to conduct a focussed assessment on the   export logistics capacity at its proposed port site in Pointe-Noire, in the RoC, which is 50 km from Hinda. The results of the study will confirm the achievable capacity through the proposed port site in Pointe-Noire and highlight any major drivers influencing throughput, from truck receiving to vessel loading.  This, in turn, will enable Kropz to determine the capacity for the first phase of the mining and beneficiation plant at Hinda. The Company will announce the results as soon as they become available.

For further information visit www.kropz.com or contact:

Kropz Plc
Mark Summers (CEO)	[phone]
Grant Thornton UK LLP	Nominated Adviser
Samantha Harrison Niall McDonald	[phone]
Hannam & Partners	Joint Broker
Andrew Chubb Ernest Bell	[phone]
Mirabaud Securities Ltd	Joint Broker
Rory Scott Edward Haig-Thomas	[phone] [phone]
Tavistock	Financial PR & IR (UK)
Emily Moss Jos Simson Oliver Lamb	[phone] [e-mail]
R&A Strategic Communications	PR (South Africa)
James Duncan	[phone] [e-mail]

About Kropz Plc

Kropz is an emerging African phosphate explorer and developer, with an advanced stage phosphate mining project in South Africa and a phosphate project in the Republic of the Congo. The vision of the Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focussed on sub-Saharan Africa.

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