Strategic Natural Resources subsidiary signs supply agreement

SNR's 74% owned subsidiary, Elitheni Coal has signed a local coal supply agreement with a Bio-Ethanol Project in the Eastern Cape, initiated by the local government.

SNR's 74% owned subsidiary, Elitheni Coal has signed a local coal supply agreement with a Bio-Ethanol Project in the Eastern Cape, initiated by the local government.

The 20-year agreement is for a total of 70,000 tonnes per year of washed coal from the Elitheni mine to be supplied to a Bio-Ethanol plant in the Eastern Cape. The project will be producing its own power fuelled by Elitheni's coal.

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