Reports emerging from the Tanzanian commercial City of Dar Es Salaam says that a Chinese firm, Sichuan Hongda Corporation is planning t invest USD 3 million in the Mchuchuma coal and Liganga Iron Ore production in Southern Tanzania.
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The investment involves construction of the Mchuchuma integrated coal mine, a 600megawatt (MW) thermal power station and the Liganga iron ore mine in southern Tanzania.
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