Latest News

Coal Based Energy

In Western Tanzania

Rukwa

Coal to Power Project

Progressing rapidly with the Rukwa coalfields project.

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Coal to Power

Listed on the London AIM Market, focused on the Rukwa Coal to Power project in Tanzania.

Rukwa Coal Mine

Operational – ramp up production in 2018 supplying coal to East Africa industries.

Management Team

Extensive technical, commercial and corporate experience, developing mines and power plants.

Edenville Energy

Thermal Coal Developer in Tanzania

Developer of Tanzania’s Brownfield Rukwa Coalfields

Strategy

Near Term

To initiate commercial mining operations at the project. Construction Completed - in commercial production since Q4 2017.

Near Term

To advance the Rukwa Coal to Power Project through its pre-development to construction – Opportunity for the Project to move ahead to development in parallel with regional transmission development.

Long Term

To fully monetise the Rukwa coal deposit via development of a mine mouth coal-to-power project providing electricity to the Tanzanian grid system.

Mining

Construction completed. Mining and washing operations underway. Commercial sales made.

Mining Licence Granted over Mkomolo.

Mining Environmental Impact Assessment Certificate granted.

The Mine is currently producing up to 4,000t per month of coal for sale and the Company is seeking to increase production up to 10,000t per month in the near term.

The wash plant is owned and operated by Edenville – Results in a considerable saving on plant processing costs compared with using a contract washing facility.

Power

Moving forward with pre-development on a coal fired thermal power project at Sumbawanga.

Edenville Project Concept Study already accepted and approved by Tanesco.

Rukwa Power Project is part of the “MEM Power System Master Plan 2016 Update”.

MOU signed with Sinohydro of China who will complete the Bankable Feasibility Study.

Independent Financial Model Developed which supports strong economics of Lahmeyer study – NPV10$252m; +20% IRR.