On 1 June 2021, Seriti acquired the operations of SA Energy Coal Holdings Proprietary Limited (SAEC) from South32, bringing into the fold four additional mines – the Khutala, Klipspruit, and Middelburg Mines Services (MMS) North and South mines, which provide coal to the Kendal and Duvha power stations, as well as export coal via the Richards Bay Coal Terminal.
In 2020, we supplied around 24 million tonnes of thermal coal to Eskom, generating about 23% of South Africa’s electricity supply. From 2022, coal production is expected to rise, with 34.3 million tonnes of thermal coal supply to Eskom on an annualised basis (generating about 32% of South Africa’s electricity), and around 6.7 million tonnes for the export market.
In 2020, Seriti employed 7,600 people (3,800 permanent employees and 3,800 contractor employees). With the acquisition of SAEC, this is expected to increase to just over 18,000 people (8,356 permanent and 9,776 contractors).
We are currently developing the New Largo mine to meet the needs of the adjacent Kusile power station.