Shuka Minerals PLC is engaged in the mining sector, focusing on the development of its operations in Tanzania. The company primarily targets the extraction of industrial coal to meet the growing demand in Tanzania and East Africa, while also planning to develop a mine mouth power plant to supply electricity to Tanesco and the East Africa Power Pool. Shuka Minerals aims to diversify its portfolio by exploring additional mineral opportunities in Tanzania and surrounding regions, thereby spreading investment risk and enhancing growth potential.