Tiaro Coal Limited (ASX:TCM) is an Australian mining company that listed on the Australian Securities Exchange on 3rd March 2008 to undertake exploration for commercially viable coal deposits with the potential to produce metallurgical (coking, PCI) coals from the Tiaro Coal Measures.
Tiaro has identified several highly prospective coal bearing targets in an area of approximately 90 square kilometres within total tenement area of 2,200 square km. Exploration is underway in the Maryborough Coal Basin, with investments in significant coal projects in the Galilee Basin, Clarence – Moreton Basin and the West of Blair Athol & Clermont coal mines.
The Company’s wholly owned subsidiary Tiaro Energy Corporation Pty Limited is the manager of two joint ventures seeking to identify high quality metallurgical coal mineralization in the Tiaro Coal Measures in south-east Queensland between Maryborough and Gympie.
Tiaro has welcomed China Qinfa Group (Qinfa) as a strategic partner and key shareholder, to develop substantial volume of export trade in coal and other bulk commodities. Together with Qinfa, Tiaro has formed an equal joint venture company called Australian Minerals Trading Pty Ltd to facilitate trading opportunities.