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Update on the Commissioning of the Coal Briquetting Plant
MINE RESTORATION INVESTMENTS LIMITED
(formerly Capricorn Investments Holdings Limited)
Incorporated in the Republic of South Africa
Registration number 1987/004821/06
Share Code: MRI
ISIN Code: ZAE000164562
("MRI" or "the Company")
Update on the Commissioning of the Coal Briquetting Plant
Further to the announcement released on SENS on 19 July 2013, which provided an update on the
completion of the briquetting project, the Board of Directors is pleased to announce further that the
commissioning of the Group’s first commercial coal briquetting plant, located in Vryheid, is
progressing well. Construction of the plant, which commenced in March 2013 is almost complete.
Initial production from the plant of coal briquettes has commenced, and is currently being air dried.
The final drying section of the plant is currently in the commissioning phase, following which full
commercial production will commence.
Product specification is monitored regularly and is dependent on the quality of the fines produced
by the run of mine feedstock. Final product specification and the sale of the produced briquettes is
subject to final customer confirmation which will be based on bulk tests to be conducted at the
customer’s facilities during the next 6 weeks.
Investors are referred to the Company's website (www.minerestoration.co.za) for a collage of
photographs of the plant.
Jaco Schoeman , Chief Executive of Mine Restoration Limited, commented: “We are delighted to
report excellent progress with the commissioning of our maiden coal briquetting plant at the
Anthracite Coal Mine in Vryheid. Commissioning is entering its final stages prior to the
commencement of full commercial production. The next important stage will be to make initial trial
shipments to potential customers for feedback in the final specifications of the briquettes produced.
I would like to acknowledge our operations team and look forward to updating shareholders as
further progress is made.”
Enquiries: Jaco Schoeman
15 October 2013
Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 15/10/2013 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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