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Zenith signs PPA with Newmont for power supply to Tanami mine

Remote power generation specialist Zenith Energy's wholly-owned subsidiary Zenith Pacific has executed a power purchase agreement (PPA) to build, own and operate a 62 MW power station for gold miner Newmont's Tanami mine, in the Northern Territory. The PPA will come into force upon the satisfaction of Newmont's conditions precedent and will have a supply start date of the first quarter of 2019, as well as an initial ten-year term with Newmont having an option to extend for a further ten years.

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