Coal to Power Project
Progressing rapidly with the Rukwa coalfields project.
All enquiries concerning your shareholding should be directed to the Company’s Registrar, Link Asset Services. During this challenging time, extra pressure is being put on telephone services. Therefore, to help those shareholders who need it the most, please can we encourage you to make use of the online Share Portal. To access your shareholding via the Share Portal
please click here.
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.
Extensive technical, commercial and corporate experience, developing mines and power plants.
Thermal Coal Developer in Tanzania
Developer of Tanzania’s Brownfield Rukwa Coalfields
To initiate commercial mining operations at the project. Construction Completed – in commercial production since Q4 2017.
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.
To fully monetise the Rukwa coal deposit via development of a mine mouth coal-to-power project providing electricity to the Tanzanian grid system.
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.
Moving forward with pre-development on a coal fired thermal power project at Sumbawanga.
Project Concept Study – Approved
Edenville Project Concept Study already accepted and approved by Tanesco.
MEM Power System Master Plan
Rukwa Power Project is part of the “MEM Power System Master Plan 2016 Update”.
Bankable Feasibility Study
MOU signed with Sinohydro of China who will complete the Bankable Feasibility Study.
Independent Financial Model
Independent Financial Model Developed which supports strong economics of Lahmeyer study – NPV10$252m; +20% IRR.
For the six months to 30 June 2022
Notice of Annual General Meeting – 3rd August 2022
Letter to Shareholders – 5th July 2021
Interim Results for the six months to 30 June 2022
New Coal Mining Agreement
Rukwa Mining Operations
View our latest project / operations video.