Growth Ambition

Coal junior aiming to up production to 10Mt, list on JSE

Mbuyelo Group intends to increase coal production across all its mines to ten-million tons over the next three to five years, from the current production of about six-million tons a year in total.

The privately owned mining, logistics, contracting, property and farming enterprise group’s coal mining subsidiary, Mbuyelo Coal, is also planning to list on the JSE in the “near future”. The company’s flagship project is the Manungu colliery, in Delmas, Mpumalanga.