Newly Established Coal Company Investment Opportunity in Buenos Aires, Argentina
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Coal |
Locations | Buenos Aires |
Local Time | 1:06 AM America / Argentina / Buenos Aires |
Listed By | Business Owner / Director |
Status | Active |
- The estimated asset value on the Toronto Stock Exchange Venture (TSXV) for this mining company would be approximately USD 350 million, as can be seen in the "financial analysis and valuation of the anthracite coal assets", attached to the documents.
- The anthracite coal market size was valued at USD 315 billion last year and is projected to exceed USD 470 billion within seven years, reflecting a robust CAGR of over 4.5%.
- Anthracite, known for its highest carbon content among coals, is pivotal in various industrial and energy sectors, ensuring high demand.
- This junior mining entity envisions capturing 1% of the global anthracite market within three to four years, representing a potential market capture of USD 3 billion.
- Establishing operations in Argentina provides a competitive edge due to the region’s rich natural resources and mining-friendly policies.
- The company is positioned to contribute to and benefit from the growth of the global anthracite sector, leveraging its strategic location and future market capture plans.
- Considering only the information from the PANG0003 well (MD-Pangea II), with an estimated 9,917,700 tons of coal—including both indicated and inferred resources—within a single continuous seam over 3 meters thick, the installation of an underground gasification pilot plant is recommended. - The resulting syngas could be utilized for nitrogen fertilizer production or for generating 5–10 MW of electricity. Based solely on the estimated resources and the geological evaluations of the PANG0003 well and its lateral extensions, it is considered feasible to supply the proposed plant for a long operational life. Implementing the pilot project would also help define several key technical parameters essential for future expansion.
- PANG0003 Survey: This survey was conducted at RTX Pit No. 5, located just 874 meters from the AgAuCu pits and 17 km from PANG0001. The borehole intersected a 146-meter coal-bearing interval between depths of 744 and 890 meters, containing 32 coal beds each exceeding 0.10 meters in thickness, with a cumulative coal thickness of 16.23 meters. Two key intersections with underground mining potential stand out:
A) A 7-meter interval containing 4.6 meters of coal with a 66% coal grade.
B) A 2.73-meter interval containing 2.38 meters of coal with an 87% coal grade.
- The analysis conducted by RTX at ALS-ACIRL in Australia, using vitrinite reflectance, confirmed the coal to be of anthracite grade. A proximate analysis was also carried out to determine moisture, volatile matter, ash content, fixed carbon, total sulfides, and calorific value.
- It is important to note that RTX’s original objective was to extract coal for energy production. The plan involved transporting the coal to the PRC deposit in the province of Mendoza via trains that would return empty after delivering potassium to the port of Bahía Blanca. The coal would then be used to generate the steam required for dissolving potassium salts.
Based solely on data from well PANG0003 (MD-Pangea II), which estimates approximately 9,917,700 metric tons of coal—comprising both Indicated and Inferred resources—within a single continuous seam over 3 meters thick, and using a market price range for anthracite coal of USD 170–175 per metric ton, the average price of USD 172.5 per ton yields an estimated resource value of:
9,917,700 tons × USD 172.5/ton = approximately USD 1.71 billion.
The region has excellent infrastructure: a significant rail network (for grain transportation); high-voltage lines; a gas pipeline network; and numerous roads (paved and unpaved) that provide access to important ports, such as Ing White in Bahía Blanca (180 km to the south), Quequén (225 km to the east), and Buenos Aires (400 km to the north). It is also worth mentioning that, in addition to agriculture and livestock farming, there are also important industries located in the area, such as the cement plant in Olavarría, the petrochemical complex in Bahía Blanca, and the steel complex in Campana, among others. The region where the coal discoveries are located presents positive characteristics from a social, environmental, and infrastructure perspective, allowing for the development of solid fuel.
Underground Coal Gasification (UCG) is included among clean and cost-competitive technologies. In this regard, the project is considered suitable for generating integrations and synergies in the southeastern region of the province of Buenos Aires, which includes the districts of General Lamadrid, Laprida, González Chaves, and Coronel Pringles.
100% of our project is within a company which is solely owned by the promoter.
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5 days, 9 hours agoDirector, New York City, Business Broker connected with the Business
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Earlier than 15 daysChairman/CEO, Energy Infrastructure Development, Austin, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Energy, Harstad, Corporate Investor / Buyer connected with the Business