Edenville signs two contracts to supply washed coal from the Rukwa project. Credit: Edenville Energy PLC.

Thermal coal developer Edenville Energy has signed two contracts to supply washed coal from its Rukwa project in southwest Tanzania.

Under the first contract, the company will supply washed coal of up to 6,000t per month to Rwandan company Tara Group, a wholly owned subsidiary of Tanzanian firm Kitanyoe which supplies coal, gypsum, limestone and calcite to industrial users.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

A major cement manufacturer is expected to be the end user of the coal under this contract.

Edenville Energy’s second contract was signed for up to 3,000t per month with Ugandan firm Springwood Capital, with the expected end user to be a Kampala-based steelworks firm.

In total, these two new contracts, which also complement the existing long-term contracts, represent a supply of up to 9,000t per month, representing approximately 75% of the present capacity of the recently refurbished wash plant.

Edenville Energy CEO Alistair Muir said: “The project has a significant advantage being the most northerly coal mine in the region by some 700km.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“I believe these contracts represent an important first step; now Rukwa has to deliver and assuming the required operational funds are secured we should see the mine and plant delivering as initially planned and our goal of becoming cash flow positive being realised.”

These supply agreements will be taken further only if the company secures enough operating capital to fund Rukwa coal project production.

Upon obtaining sufficient funding, Edenville Energy expects to supply coal on an ongoing basis under these contracts before the end of the first quarter of next year.

The company expects cashflow to break even at Rukwa at around 4,500t of washed coal sold monthly and has a target of achieving this by May.