Equatorial Mining & Exploration Plc was established in 2012 to pursue the exploration, development, and trading of African industrial mineral assets. EME plc is an investment company listed on the London NEX exchange, with an existing but now dormant (under care and maintenance) coal asset in Nigeria.
Equatorial Mining and Exploration is continually evaluating the possibility of future acquisistions and the prospects for the Company represented by these potential acquisitions. The poor energy infrastructure in Nigeria has resulted in a desperate need for power and alternative sources of energy.
The coal that the country harbours is of excellent quality to use in power generation and it is for this reason Directors of Equatorial Mining and Exploration are focussing on locating and developing coal assets within the country.
The Company was established as an investment vehicle as a means to invest in or acquire companies and assets and this core goal remains.