Thank you to the generous sponsors of the 21st Annual Southern African Coal Conference!

Thungela, which means ‘to ignite’ in isiZulu, is a large pure-play producer and exporter of thermal coal based on aggregate coal reserves and marketable coal production, operating in South Africa and Australia. The Group owns interests in and produces its thermal coal from six mining operations located in the Mpumalanga province of South Africa, which consist of both underground and opencast mines, namely Goedehoop, Greenside, Isibonelo, Khwezela (all operating under Thungela Operations Proprietary Limited), AAIC (operating the Zibulo Colliery), and Mafube Coal Mining (operating the Mafube Colliery).

In 2023, Thungela, through its subsidiary Sungela, acquired 85% of the Ensham Coal Mine in Queensland, Australia, marking a significant move towards executing one of the Group’s strategic pillars of geographic diversification. Ensham is an underground operation, and it is the latest addition to Thungela’s portfolio.

The establishment of Thungela Marketing International in the United Arab Emirates underscores Thungela’s commitment to capturing the full margin on our products and engagement with the global commodities market as a global coal producer.  In other parts of the value chain, Thungela holds a 50% interest in Phola Coal Processing Plant, and a 23% indirect interest in Richard’s Bay Coal Terminal. The terminal is one of the world’s leading coal export terminals, with an advanced 24-hour operation and a design capacity of 91Mtpa.

Thungela is committed to operating in a sustainable way to ignite value for a shared future. We want to ensure that our mining activities positively impact our employees, shareholders and the communities where we operate For more information, please visit www.thungela.com

Ikwezi Mining is part of Ozaholdings (www.ozaholding.com ) which has investments in coal mining and cement production in South Africa.

Our coal operations are situated in Kwazulu Natal province of South Africa, with a resource base of more than 400 million tons. Our mining complex encompasses 2 underground drill and blast and 3 open pit operations, supported by 4 wash plants and rail load out facilities. We also operate a calcination plant within our mining complex to produce calcined anthracite products.

Our current production volume is about 3.5 million tons on an annualised basis, and we use the ports of Richards Bay and Durban (accessible at about 300 – 350kms from the mine) for export of our products. We serve metallurgical and thermal customers across Africa, Asia, and Europe with our products delivered to more than 25 countries.

Seriti Resources Holdings is a broad-based, 90% black-owned and controlled South African energy company, underpinned by coal and focused on delivering secure, reliable energy solutions.

As an energy business anchored in coal, Seriti plays a critical role in addressing South Africa’s energy challenges while advancing a Just Energy Transition. The company is committed to responsibly supplying high-quality, long-term energy to support national energy security and meet international market demand.

Beyond energy production, Seriti is dedicated to building a sustainable legacy for the communities in which it operates and for the broader energy industry. This commitment is reflected in its responsible mining practices, community development initiatives, and strategic diversification into renewable energy.

Seriti was established in 2017 and, in March 2018, Seriti Coal emerged as a major supplier to Eskom following the acquisition of New Vaal, New Denmark, Kriel, various life-extension coal resources, and closed collieries from Anglo American. In August 2018, the New Largo project was added to the portfolio after a further acquisition from Anglo American.

In June 2021, Seriti Resources completed the acquisition of South32 Energy Coal South Africa (SAEC), integrating Khutala, Klipspruit, New Largo, and Middelburg Mine Services into the group, including the Pegasus project. This milestone positioned Seriti Power as the largest supplier of coal to Eskom and one of the largest exporters of coal through the Richards Bay Coal Terminal (RBCT).

In March 2025, Seriti Resources officially opened the Naudesbank Colliery, further strengthening its operational footprint. Following these acquisitions and developments, Seriti Power now operates seven mining operations, with an additional project expected to come online.

As part of its energy diversification strategy, Seriti Green was established in November 2021. In December 2022, Seriti Green acquired Windlab South Africa, and construction of the Ummbila Emoyeni Wind Farm in Mpumalanga commenced in the second quarter of 2024.

Through its integrated portfolio of coal and renewable energy assets, Seriti Resources Holdings continues to deliver reliable energy today while actively shaping a sustainable energy future for South Africa.

https://seritiza.com

African Exploration Mining and Finance Corporation is the State-Owned Mining Company established to secure South Africa’s energy supply primarily through the mining and supply of coal for the generation of electricity, as well as securing other resources that will provide energy for the future, including key minerals for beneficiation in the energy and steel value chain.

The company is managed by dynamic young talent who are carrying out the State vision with pride and who firmly believe that a sustainable entity can only thrive to deliver its mandate if anchored by sensible business principles, excellent human resources and sound financial discipline on which it is building to achieve the mandated returns for the country.

Founded in 1929 in Italy, the Magaldi Group is a global leader in the design and manufacture of steel belt conveyors for handling materials under the most demanding conditions—including high temperatures, heavy loads, and abrasive materials. With over 1,800 installations worldwide, our technologies are successfully deployed across diverse industries, including coal-fired power plants, steel mills, foundries, mineral processing facilities, cement plants, waste-to-energy (WtE) plants, and solid-fuel power plants.

Central to Magaldi’s expertise are its ash handling solutions for power plants, including the Magaldi Ash Cooler (MAC®), Magaldi Ecobelt WA, and MAP® Magaldi Ash Post-combustor. These solutions exemplify the company’s commitment to innovation, reliability, and sustainability.

The MAC® is a patented system for dry extraction, air cooling, and mechanical handling of bottom ash from pulverized coal-fired boilers. With hundreds of installations worldwide since the 1980s, it remains the benchmark for dry bottom ash handling systems of any size and fuel type.

The Ecobelt WA extends this expertise to WtE facilities, providing dry extraction, cooling, and handling of bottom ash safely, efficiently, and in an environmentally friendly way. Building on the MAC®, the MAP® enhances performance for biomass or RDF co-combustion in pulverized coal-fired boilers, controlling the post-combustion of unburnt particles on the steel belt, optimizing energy recovery, and reducing emissions.

Our corporate motto, “Dependable technologies since 1929,” reflects the long-standing commitment to delivering reliable, high-performance, and sustainable solutions. For more information, please visit: www.magaldi.com

The company specialises in the turnkey supply of various grades of coal and other commodities including manganese and iron ore to end-users both locally and abroad among our junior mining activities. Since 2017, NG Global Energy Solutions has built a reputation as a South African leader in energy and commodity supply. As a Level 2 B-BBEE company, it specialises in delivering high-quality coal, manganese, iron ore, and vanadium to industries worldwide. With a strong focus on junior mining initiatives, NG Global is shaping the future of resource development and sustainability. For more information, please visit: www.ngglobal.co.za

Bisichi PLC is a UK based mining company. Its principal activities are coal mining, coal processing and trading in South Africa. Learn more at: https://bisichi.co.uk/ 

AGEET is a vertically integrated South African thermal coal producer and exporter. Through our sister companies, we operate across the entire supply chain. AGEET mines and beneficiates equity tons, exports from RBCT and MPT, and supplies sized coal to the domestic market. IOTC extends our reach into India with stock-and-sale operations in Vizag, while GETC rounds out the group with third-party tons. Our core focus is high-carbon thermal coal tailored for the sponge iron industry, complemented by trading capabilities that allow us to serve diverse customer requirements across the seaborne market. Our 2026 trajectory has us at 4.0 million tons across the group — 2.0 million in equity exports, 0.9 million into Indian stock and sale ops, and 0.9 million in third-party tons.

Glencore is one of the world’s largest diversified natural resource companies, producing and marketing more than 60 commodities across energy, metals and minerals, with operations spanning over 30 countries. As a leading global producer and exporter of both thermal and metallurgical coal, Glencore plays a critical role in supplying power generators, steelmakers and industrial consumers worldwide.

“Set to be South Africa’s only large-scale domestic producer of steelmaking hard coking coal (HCC), MC Mining is uniquely positioned as a critical enabler of industrialisation, with the potential to ensure cost-effective domestic inputs for the country’s steel industry and export steel market.

MC Mining, a limited company incorporated in Australia and listed on the ASX and the JSE, saw a significant strategic investment by Kinetic Development Group (KDG) in 2025, which will result in KDG acquiring a 51% controlling interest in MC Mining once all funding tranches are completed. Not only does this investment ensure that the company’s flagship Makhado Project is funded, fully-funded, it allows for the company to focus on a transformational growth phase.

MC Mining’s principal assets include:

• The steelmaking hard coking coal (HCC) Makhado Project, with commissioning scheduled for Q1 2026
• Uitkomst Colliery, mining and processing operations at the metallurgical and thermal coal mine will be temporarily suspended with an effective date of 01 March 2026 due to a period of continued operational underperformance and sustained cash losses. The temporary suspension is subject to the required statutory, labour. And regulatory processes
• Vele Colliery, a semi-soft coking coal (SSCC) and thermal coal mine currently undergoing reengineering
• Three exploration and development stage coking and thermal coal projects, collectively known as the Greater Soutpansberg Projects (GSP), with a 7.2 bn+ tonnes resource base with mining rights secured

To ensure alignment with the strategic partnership with KDG, the MC Mining Board has been enhanced with several non-executive director appointments that bring significant Chinese industrial expertise, financial acumen and networks to the already strong leadership team under CEO and MD, Christine He”.

Hislop Anderson Commodities (Hislop) is an international trading house specialising in the supply of anthracite, thermal coal and mineral products to the global ferro-alloy, cement, power and steel industries. Established in 2016, the company has grown into a trusted commercial and logistics partner for producers across South Africa, Africa,  Europe and South America.

With daily exposure to global carbon markets, Hislop leverages a broad, established network of suppliers, customers, finance partners and shipping companies to deliver reliable, market-aligned solutions. The company’s vision is to provide mines in South Africa and neighbouring regions with a strategic sales and marketing partner capable of navigating international demand, price volatility and complex cross-border logistics.

Hislop actively trades thermal coal, anthracite, clinker, manganese, chrome ore and cement across global markets, supported by its international division, Hislop International Ltd, headquartered in Mauritius. This division expands the company’s export capabilities through containerised, bulk vessel, rail and road-to-SADC routes, ensuring competitive delivered pricing and dependable fulfilment.

The company’s services include project finance solutions for long-term commodity ventures, logistics optimisation, commodity market research, and strategic agency representation. HAC’s experienced leadership team—covering operations, finance, legal, sales and logistics—ensures rigorous governance, technical insight, innovation, and operational excellence across every transaction.

With a commitment to integrity, efficiency and global reach, Hislop Anderson Commodities continues to support producers and end-users with the commercial expertise and logistical strength needed to thrive in an increasingly competitive commodities market.

XMP Consulting entered the consulting market seventeen years ago bringing a new source of integrated insight across the coal industry. Founded on 40 years of knowledge, supply data and high-quality independent analysis, our combined expertise enhances the support provided to our clients in assisting commercial decision making. Our people come from industry and know the industry – locally and globally. The XMP coal team includes geologists, engineers, economists, logistics and marketing experts, analysts and support staff.

XMP Consulting provides South African reach: all coal producing coalfields and markets covered. Respected advisors to the energy industry with a reputation associated with independence, quality and trust. Leveraging our depth of industry knowledge allows us to provide commercial, forward-looking analysis. We integrate analysis with advice to enable better informed decision making by clients. Multi-product analysis leading into coal market first principles. Fundamentals based methodology in coal, combined with global top-down macro demand, integrating a global view, unique mine-by-mine and supply chain cost and volume databases.