Aim-listed Bushveld Minerals, parent company of coal and energy company Lemur Holdings, on Wednesday announced that the Imaloto project is on track to deliver electricity to south-western Madagascar by 2021.
The Imaloto project is a developing integrated thermal coal mining and independent power project in Madagascar.
As at the end of the third quarter, the social- and environmental-impact assessment (Seia) fieldwork is still ongoing, with more than 50% of the community engagement completed.
Bushveld Minerals Limited (LON:BMN), together with its subsidiaries, engages in the exploration and development of mineral projects in South Africa. It operates through three segments: Vanadium and Iron Ore, Coal Exploration, and Vanadium Mining and Production.