Lafarge Republic has signed a deal with the provincial government of Bataan and GNPower Mariveles Coal Plant Co to buy fly ash to be produced at the latter’s 600MW power plant.
Lafarge Republic (formerly Republic Cement Corp) said the deal will start once the power plant begins producing coal ash and will expire in November 2019.
In June, Cemex Philippines signed a deal with Korea Electric Power (KEP) Corp to buy coal ash for around US$/t. KEP operates a 200MW power plant in the central province of Cebu. (Source: Dow Jones).