Sengwa Coal Mine
Location: North Western Zimbabwe
Sengwa started out as a JV Agreement between Rio Tinto Zimbabwe Limited and RTZ Mining & Exploration Limited, signed on 22 April 1994. The JV would focus on all activities directed toward ascertaining the existence, location, quality and quantity or commercial value of deposits or products at the Sengwa site. In 1994 RioZim Limited and Rio Tinto plc entered into an agreement to regulate their direct and indirect investments in Sengwa Colliery. In terms of that agreement, each of the parties acquired 50% of the issued and allotted shares in the company.