Who we are
Mines located just east of the Vale’s Moatize Coal Project, and ETA Star’s license
The owner carried out a drilling program which include drilling on 400 m grid
Open Cast & very first seam on 9 meter from surface is 36 meters in depth of Prime Hard Coking Coal
RESERVE QUANTITY: 372 MILLION TONNES OPEN CAST MINES
- Sunrise Mining Limitada is a privately owned mining company.
- Holding Mining License 7254C located in the area of Moatize-Minjova Coalfield.
- Coal Reserves stretch across 903.30 Hectares
- Proven Geological Reserves aggregating upto 373 Million MT.
Production and reserves
Mozambique’s total proven coal reserves at the end of 2016 were 25.6 Billion Tons. The reserve ranks nine out of the 49 active producer countries of the world currently listed and is predicted to contain enough coal for a further 200 years of mining given the most optimistic forecasts of growth in the country’s coal industry.
The coking coal reserve at its potentially second largest mine Benga, owned and operated by the International Coal Ventures of India consortium (ICVL) is reported to be the largest in Africa. That and the 6.7 Billion Tons of the Tete coalfield – said to be one of the world’s largest – and over which are Mozambique’s five largest mines, led to a government statement that the country could be exporting 25% of the world’s coking coal by 2025 driven mainly by exports from Vale’s Moatize mine, the country’s largest, to China and from the Benga mine to India.
Portfolio
Coal is a valuable commodity across the world. From the 1880s the most valued use for coal around the world has been to generate electricity. It is also used by the cement and steel industries as a fuel source to extract iron from iron ore and in the production of cement. In recent years it has discovered that Botswana has over 200 billion tonnes of coal reserves and the development of the coal industry has become a major priority. Mozambique is also expected to experience a sharp increase in coal production towards 2020. It is estimated that its production could exceed 100 million tonnes in the period between 2015 and 2020.
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