Ticker: LON: ORCP
Project Stage: Development
Commodities: Coal, Lignite, Iron
Location: Pakistan, Guinea
Oracle Power PLC is an international project developer listed on London’s AIM market. The Company is focused on projects in the natural resource sector, which include production of power, mining, and processing of minerals and metals.
Our strategy is built on unlocking the value of underutilised and undeveloped natural resources to produce energy, fuel, and tradable commodities.
Our key project is located in the Thar Coalfield in the south-east of the Sindh province of Pakistan. Thar Coalfield is one of the largest lignite deposits, spread over more than 9,000 sq km comprising of 186 billion tonnes of coal. Oracle owns a block in the Thar Coalfield which spreads over an area of 66 sq km containing 1.4 billion tonnes of estimated coal reserves.
We have joined hands with China National Coal Development Company and The Private Office of His Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum of UAE, to develop an Industrial Park on site, encompassing a 1,320 MW power plant, CTG and CTL facilities, fertilizer manufacturing and coal processing for industrial purposes, grossing a value of 8 billion US$ approximately.
In addition, Oracle has signed an MoU with The Private Office of His Highness Sheikh Ahmed Dalmook Al Maktoum, to collaborate and explore potential mining opportunities in Africa. As part of this arrangement, Oracle is exploring iron ore prospects in Guinea. We are also reviewing other potentially exciting opportunities in other regions.
Oracle’s management team includes executives and advisors who have decades of experience of industry operations, and project development, enabling the company to grow into a notable and sizeable international project developer. The Company’s position is further distinguished by a financial facility which provides access to capital for investing in high return opportunities, making the company a potential partner for high growth ventures in the natural resource sector.
Oracle Power will be showcasing their projects to prospective investors at Mines and Money Online Connect. Apply for your complimentary investor pass here.