Ref no: 3208

Coal Mine with Contracts for Sale

Free State | Industrial Manufacturing

Coal is South Africas dominant energy source. 77% of South Africas energy needs are provided by coal, according to the Department of Energy. Eskom produces 95% of the electricity used in South Africa, and its coal-fired stations produce about 90% of electricity produced by the utility.

About this opportunity: Based in the Free State province of South Africa.

On offer: Full 100% buyout of Company with mining rights

* Greenfields- EIA completed, Mining rights completed, awaiting water permits.
* A full CPR was conducted and is SAMREC/SAMVAL compliant.
* Contracts in place with ESKOM, for Bloemfontein for 70 000mt/mth, Lethado Power Station-In discussion and potentially Sasol 1 power station and Coal to Liquid supply.
* Geological reports completed and available. Full detailed CPR is available and done by an accredited company.
* Not currently in operation; new application 2020

Please enquire for more details on this opportunity.