Imaloto Coal Mine

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Imaloto Coal Mine is a shelved coal mine in Benenitra, Atsimo-Andrefana, Madagascar.

Location

Table 1: Project-level location details

Mine Name Location Coordinates (WGS 84)
Imaloto Coal Mine Benenitra, Atsimo-Andrefana, Madagascar[1] -23.452222, 45.078056 (approximate)

The map below shows the approximate location of the coal mine:

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Project Details

Table 2: Project status

Status Status Detail Project Type Opening Year Closing Year
Shelved[2][3] Pre-Permit[2] New

Table 3: Operation details

Note: The asterisk (*) signifies that the value is a GEM estimated figure.
Capacity (Mtpa) Production (Mtpa) Year of Production Mine Type Mining Method Mine Size (km2) Mine Depth (m) Workforce Size
Underground[1] 87.5[1] 494*

Table 4: Coal resources and destination

Total Reserves (Mt) Year of Total Reserves Recorded Total Resources (Mt) Coalfield Coal Type Coal Grade Primary Consumer/ Destination
2023 140.4[1] Imaloto[1] Subbituminous Thermal Coal Plant

Table 5: Ownership and parent company

Note: To access more comprehensive data on energy ownership, please visit the Global Energy Ownership Tracker.
Owner Parent Company Headquarters
Bushveld Minerals; Power China[1] Bushveld Minerals; Power China South Africa, China

Note: The above sections were automatically generated and are based on data from the Global Coal Mine Tracker August 2026 release.

Ownership Tree

This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.

Background

Imaloto Coal Mine is a proposed surface and underground mine, owned by Bushveld Minerals Limited, in the Benenitra district of Atsimo-Andrefana, Madagascar, Africa.[4] [5]

The mine will provide power to the proposed Imaloto Coal power station. The Imaloto mine will be operated by Lemur Holdings, a wholly-owned subsidiary of Bushveld Minerals.[4]

The Imaloto integrated coal-fired power project includes a 136 Mt coal mine, a 60 MW power plant and a new transmission line stretching over 250 kilometres. It is the only coal-to-power solution being developed in Madagascar.[4]

According to Bushveld Minerals, most Social and Environmental Impact Assessment (“SEIA”) studies have been completed and submission to the Ministry of the Environment was expected to occur in the second half of 2021.[4]

Business Rescue

In October 2024, Bushveld Minerals disposed of its Lemur Holdings Limited subsidiary which holds the mining right for the Imaloto Project.[6] The following month, it was announced that owner Bushveld Minerals was placed under business rescue.[7]

With no clear updates on the Imaloto coal project since its owners went into business rescue, it is presumed to be shelved.

Articles and Resources

Additional data

To access additional data, including an interactive map of world coal mines, a downloadable dataset, and summary data, please visit the Global Coal Mine Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 (PDF) https://www.bushveldminerals.com/wp-content/uploads/2023/10/2023-SAMREC-CPR-and-Mineral-Resource-Estimate-for-the-Imaloto-Coal-Deposit-in-Madagascar.pdf. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 https://web.archive.org/web/20260630062628/https://www.londonstockexchange.com/news-article/BMN/disposal-of-interests-in-lemur-holdings-limited/16721949. Archived from the original on 30 June 2026. {{cite web}}: Missing or empty |title= (help)
  3. https://web.archive.org/web/20260630062654/https://matusonassociates.co.za/bushveldminerals/. Archived from the original on 30 June 2026. {{cite web}}: Missing or empty |title= (help)
  4. 4.0 4.1 4.2 4.3 Other Investments, Bushveld Minerals website, accessed July 2022.
  5. "Imaloto Coal Project Scoping Study Produces Positive Results", Creamer Media Mining Weekly, September 26, 2013.
  6. [ https://www.londonstockexchange.com/news-article/BMN/disposal-of-interests-in-lemur-holdings-limited/16721949 Disposal of Interests in Lemur Holdings Limited], London Stock Exchange, 18 October 2024.
  7. "Bushveld Minerals", Matuson Associates website, accessed 9 March 2026.