February 2023

February 1, 2023

Team Capricorn physically collected the SME 500 Trophy & Certification from the Association of Trade & Commerce in Singapore as award ceremony followed with annual dinner towards last part of the December 2022 could not be attended due to overseas commitment.

Capricorn team visited UAE to meet the Bauxite mining sponsors together with transhipment solution provider and senior advisor from Sinarmas | Indonesia.

The bauxite project is expected to start end of 2023 with annual output of 5 million Tons for phase 1 & 10 million tons for phase 2.

Coal index remains bearish and further correction expected in the coal price.

By end of February … team Capricorn has established relationship with reputed about eight / ten exporters and miners from South Africa, reputed suppliers from Indonesia, Australia

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