Intra Energy Corporation

Intra Energy Corporation Limited (IEC) is an Australian-based mining and energy company with major thermal coal assets in Eastern Africa. IECs strategy is African coal to power African growth. IEC is the only operating thermal coal miner in Eastern Africa. Its flagship project in Tanzania is the Tancoal mine in the Ngaka Coalfield in Tanzania, operated by Tancoal Energy Limited, a Joint Venture with the National Development Corporation of Tanzania. IEC has recently acquired the operating Nkhachira coal mine in northern Malawi and has commenced mining through its subsidiary, Malcoal Mining Limited. IEC continues to geographically expand its coal asset base in Eastern Africa and is forming partnerships with organisations judged to be leaders in geological excellence, capable of providing known and potential coal resources for development. The preferred acquisition methodology is by farm-in arrangement for early stage development and joint venture or direct purchase for advanced ...