The exploration license will complement the Ngana West EPL0392/13 lease, which covers 50.2km2 just south of the Tanzanian border, granted to IEC’s subsidiary company Malcoal in March 2013.

Malawian Geological Survey reports indicate Ngana West hosts large, shallow coal resources.

The Malawian resources will supply coal to an Intra Energy sponsored thermal coal fired power to be developed at Chipoka in Malawi’s Central Region.

Currently, Malcoal is mining from the Nkhachira mine in ML0143/2005 and is also under contracts to supply domestic industrial users including agricultural processors and breweries.