MC Mining: Full process design for the Makhado coal processing plant

MC Mining’s flagship Makhado hard coking coal project (Makhado Project or Makhado) has secured the regulatory approvals and surface rights over the mining and processing areas. MC Mining is heavily invested in the Makhado Project as the complex regulatory environment in South Africa demanded significant capital and time investment to achieve its current ‘shovel ready’ status.

The development of the Makhado Project is expected to deliver positive returns for shareholders and position MC Mining as South Africa’s pre-eminent hard coking coal (HCC) producer. During the H1 FY2022 period, the Company appointed Erudite (Pty) Ltd (Erudite) to complete the detailed planning for a full process design for the Makhado coal processing plant (CPP). Erudite expects to complete the planning during H1 CY2023 and this plan is also required by potential funders to complete their assessments.

Makhado Coking Coal Project at Soutpansberg Coalfield, Limpopo is 67.3% owned by MC Mining.