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Eight local investors chosen by the Ministry of Mines invest 6 billion ETB to build coal-washing factories.

Eight local investors chosen by the Ministry of Mines invest 6 billion ETB to build coal-washing factories.

by | Jan 10, 2022 | Business

The investments made by the investors are expected to be returned in three years. The eight investors agreed that the federal government would receive 5%, the regional government 2%, royalty fees 4%, and community development fund & taxes 2% of shares. Coal...
The Council of Ministers proclaims the Ministry of Mines & Petroleum to sign agreements with eight companies

The Council of Ministers proclaims the Ministry of Mines & Petroleum to sign agreements with eight companies

by | Jan 3, 2022 | Business

The project plan states that the companies must produce coal to meet national demand within a year. The council also discussed the issue of oil price adjustment, the implementation of targeted subsidies, and the draft for the Community Health Insurance Proclamation....

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