Operations

Green Resources manages approximately 38,000 ha of plantation forest all of which were established as greenfield plantations under its management. Green Resources does not harvest from any natural forest areas. About two-thirds of the plantations are pines and about one-third various types of eucalyptus as well as some other areas with other, indigenous, species.

The largest operation is located in Tanzania’s Southern Highlands followed by the Niassa, Mozambique, plantation base. Uganda’s plantations are the most advanced (mature) and the plantations have reached its final size and we are now working towards rotation age. In terms of expansion potential both Tanzania as well as Mozambique offer significant opportunities however the company is currently focussed on bringing the existing asset base into production and rotation.

Uganda

Green Resources’ Ugandan subsidiary, Busoga Forestry Company (BFC), has two plantations in Uganda, Bukaleba and Kachung. Both plantations have been established within government-owned Central Forest Reserves that have been set aside for forest plantations. BFC operates a pole treatment plant and a sawmill close to its Bukaleba plantations.

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Tanzania

Green Resources’ industrial subsidiary, Sao Hill industries (SHI), operates two sawmills, a pole plant and a briquetting factory. SHI markets its products through a network of dealers and distributors as well as its own retail outlet in Dodoma, the capital of Tanzania.

Green Resources’ plantation subsidiary in Tanzania, GRL Tanzania Ltd (GRL), manages three plantation blocks (Uchindele, Idete & Mapanda), with approximately 15,500 ha of planted forest.

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Mozambique

Green Resources’ second largest asset base is located in the Niassa Province of Northern Mozambique. The company manages approximately 13,000ha of planted forest with an aim to build this out over time.

At present the industrial operations in Mozambique are modest with only pole treatment operation that supplies transmission poles to the Mozambican national electricity company. The company supplies sawlogs to a 3rd party sawmill as well as biomass to a large Agro-processing operation.

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