Seriti is a broad-based, 91% black-owned and controlled South African mining company co-owned by four anchor shareholders: Masimong Group, Thebe Investments, Zungu Investments (Zico) and Community Investment Holdings (CIH).
Our subsidiary, Seriti Coal, operates three large-scale, opencast and underground thermal coal mines – the New Vaal, New Denmark and Kriel collieries, which respectively supply Eskom’s Lethabo, Tutuka and Kriel power stations. We are currently developing the New Largo mine to meet the needs of the adjacent Kusile power station.
On 1 June 2021, Seriti acquired the operations of SA Coal Holdings Proprietary Limited (SAEC) from South32, bringing into the fold the Khutala, Klipspruit, Middelburg and Wolvekrans Mines which provide coal to the Kendal and Duhva power stations, as well as export coal via the Richards Bay Coal Terminal.
Our focus is to responsibly produce high-quality, secure and long-term coal-solutions to fuel South Africa’s power stations. We will also produce high quality coal for export markets.
Our mission is to be an industry-leading empowerment champion, rejuvenating the mining industry and actively building a legacy that creates growth for all our stakeholders and the country. Our Employee and Community trusts, which own 10% of our operations, have a direct and meaningful interest in our business.