We have strategically chosen to establish ourselves geographically where we have the best combination of reaching a low production cost vs easy market access. Our key requirements are:
We have therefore incorporated subsidiaries in Ethiopia, Oman and Malaysia, where these key requirements are met.
The Ethiopian cement industry’s demand for coal is considerable, and Ethiopia is where the two Green Coal founders have spent most of, and built, their careers.
In the Middle East, we now have a presence in the Sultanate of Oman, where we have recently been granted a land allocation of close to 10,000 hectares for an elephant grass farm. We expect to export most of our primary product GreenCoal, while our secondary product, animal feed, will be sold locally and thus contribute to food security in Oman.
In South East Asia, we have established a subsidiary in Malaysia, giving us access to suitable farm land and the possibility to reach huge nearby export markets.