A responsible developer and operator of coal assets to provide energy security to support regional growth and create wealth for its shareholders

Malawi Projects

Malawi Project Location Map

Malcoal Mining Limited (Malcoal) is a joint venture between Intra Energy Corporation (ASX:IEC) and its local partner, Consolidated Mining Industries Limited (CMI). Malcoal is an integral part of the Eastern Africa strategy of IEC to be a major coal producer for regional demand from industrial users and energy development.

Malcoal opened its office in Lilongwe, Malawi in late 2012. The office opening was attended by the Australian High Commissioner to Malawi.

The Chairman of IEC, Mr Graeme Robertson stated:

According to the World Bank, only 8 per cent of Malawi’s population of approximately 16 million people has access to electricity. Malawi’s total demand for power currently stands at 351 megawatts (MW), resulting in a generation shortfall. This shortfall is projected to grow rapidly and the Malawi Ministry of Energy estimates that the country will need 603 MW by 2015 and 829 MW by 2020.

The granting of the coal mining and exploration leases in Malawi allows the development of an international standard coal mine to supply industrial markets and support coal-fired electricity generation in the country. Not only does this enhance IEC’s role as the major regional coal supplier in Eastern Africa it also provides the base for what is needed to support growth and prosperity in Malawi – jobs and electricity generation”.

Malawi Project

IEC attended the inaugural Mining Governance and Growth Support Project held in Lilongwe, Malawi on 22 January 2013 and presented to the President of Malawi on IEC’s support of Malcoal to develop Malawi coal resources to fuel national growth.

Coal Licences & Exclusive Prospecting Licences (EPL’s)

The concessions include the operating Nkhachira Coal Mine within Mining Licence ML0143/2005 and five Exclusive Prospecting Licences (EPL), located in the north of Malawi, west of the town of Karonga.

New mining equipment including a dozer, excavator, wheel loader and mine haul trucks are now in operation at Malcoal as well as a crusher and screening plant. Malcoal infrastructure including a river bridge, weighbridge, office and accommodation, are all currently under construction.

Domestic demand in Malawi continues to strengthen and staff training has been on-going in readiness for the Malawi tobacco season commencing in March 2014. 

In November 2013, Intra Energy completed a maiden JORC Resource Estimate for the Kopakopa Project within the North Rukuru EPL376/2013 tenement in northern Malawi. Total coal resources are 23.9 million tonnes comprising 3.5 million tonnes Measured, 4.9 million tonnes Indicated and 15.4 million tonnes Inferred category coal. The table below presents a summary of coal resources by seam within the Kopakopa Project. 
 
On 24 February 2014 the Company announced completion of a maiden JORC Resource Estimate for the Nkhachira Project ML143/2005 and EPL174/2005 in northern Malawi. Total coal resources are now reported at 38.4 million tonnes comprising 10.1 million tonnes Measured, 13.8 million tonnes Indicated and 14.4 million tonnes Inferred coal.
 
EPL
Granted On
Location
Area
EPL 0174/2005
22 September 2005
Mwenewenya
37.5 sqkm
EPL 0163/2005
7 July 2005
Livingstonia
35 sqkm
EPL 0209/2007
27 June 2007
Mwapu
12.2 sqkm
EPL 0143/2005 30 December 2005 Kayelekera 1 sqkm
EPL 0377/2013 14 March 2013 Ngana 231 sqkm

Geological mapping and a 17-hole drilling program for a total of 712 core was carried out in late 2012. Representative channel sampling from coal outcrop, the seams exposed in the Nkhachira Mine and initial drill hole results, indicate the deposit contained some high grade thermal coal with Calorific Value ranging between 5,500 and 7,150 kcals/kg and ash of 12% and 28% (air dried basis).

The opening of the Malcoal office attended by IEC and Malcoal Board and Senior Management     

‚ÄčUPDATE

IEC commenced discussions earlier in 2016 in relation to the sale of its Malawian subsidiaries, Malcoal Mining Limited, Pamodzi Power Limited and Intra Energy Trading Limited with a view to the long term supply of coal to the 120MW Pamodzi power station from its Tancoal Mine.