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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 15 October 2013, the board of MRI wishes to
update the market on progress with the briquetting project at Vaalkrantz Mine in KZN (“The
Project”). The project, which commenced operations from run of mine in October, has now installed
and fully commissioned the resuspension unit, allowing it to operate from the fines stockpile or the
plant. With this initial ramp up now complete, the project can commence full commercial
production. The company is in advanced discussions with potential customers and offtakers
(including Keaton Energy, the owner of the Vaalkrantz Mine) with a view to securing long term
offtake agreements. It is currently market testing product and expects to finalise arrangements
shortly.
A further announcement will be made in this regard.
17 January 2014
Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)
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