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Thermal Coal Industry | Energy Sector | Mr. Godfrey Gregory Gomwe BAcc, C.A., CA(Z), CD(SA), MBL CEO | JSE Exchange | AU000000MCM9 ISIN |
Australia Country | - Employees | - Last Dividend | 6 Dec 2017 Last Split | - IPO Date |
MC Mining Limited, established in 1979, is a notable entity that has solidified its focus on the acquisition, exploration, development, and operation of coal projects. Primarily focused on coking and thermal coal, the company has carved a niche for itself in South Africa, where it undertakes significant coal mining projects. With its headquarters in Mount Pleasant, Australia, MC Mining Limited operates through a network of subsidiaries, ensuring that its operations span across various strategic locations within South Africa. The company's endeavors in the coal sector are not only pivotal for its growth but also play a substantial role in catering to the demand for coal in the region.
Located in the KwaZulu Natal province of South Africa, the Uitkomst Colliery stands as a principal project under MC Mining Limited’s umbrella. This operation focuses on metallurgical and thermal coal, catering to specific demands within the coal market. The strategic location of the Uitkomst Colliery underscores its importance, facilitating the extraction and processing of coal for both domestic consumption and international export.
Situated in the Soutpansberg coalfield in the Limpopo province, the Makhado project emphasizes MC Mining Limited’s capability in dealing with both hard coking and thermal coal. This dual focus allows the project to meet a variety of customer needs, ranging from industrial thermal coal requirements to coking coal necessary for steel production. The Makhado project is pivotal for the company, highlighting its versatility and commitment to addressing diverse market needs.
The Vele Colliery, located to the west of Musina in the Limpopo province, operates on the extraction of semi-soft coking and thermal coal. Its operation encompasses mining coal that is integral for both energy production and steel manufacturing processes. The Vele Colliery represents MC Mining Limited’s ability to adapt and cater to niche markets within the broader coal industry, ensuring a sustainable supply of semi-soft coking coal.
Encompassing the Chapudi, Generaal, and Mopane projects, the Greater Soutpansberg Projects are a testament to MC Mining Limited’s strategic expansion within the Limpopo province. These projects aim at further exploring and developing coal reserves, underlining the company’s ongoing efforts to enhance its coal production capabilities. Each project within the Greater Soutpansberg initiative is targeted at bolstering MC Mining Limited’s resource base, enabling it to meet the growing industry demands effectively.