Key information

🔎 Fund Overview

Intra Energy Corp. Ltd. engages in the exploration, development and production of thermal coal. The company is headquartered in Sydney, New South Wales. The company went IPO on 2007-07-04. The principal activities of the Company are mineral exploration in Australia and progressing the sale of the Tanzanian coal operations. The company is a developer and producer of thermal coal in Eastern Africa. The company has two subsidiary companies, Tancoal Energy Limited (Tancoal) and Intrafrican Resources Limited (IRL). The company operates the producing thermal coal mine in Eastern Africa through Tancoal in the Ngaka coalfield in Tanzania, a joint venture with the National Development Corporation of Tanzania. The Ngaka Coalfield is situated in the western minerals province of Tanzania, approximately 40 kilometers (km) east of Lake Nyasa. The Company, through its wholly owned subsidiary IRL, is assisting the development of the Minas du Lurio gold concession in Mozambique. The company is a coal supplier to industrial energy users in the Eastern African region through Tancoal.