Phembani Group is a minority shareholder in SOUTH32 Coal South Africa with an operational interest of 8%. SOUTH32, the third largest coal producer in South Africa, produces energy coal for the South African domestic and export markets. SOUTH32’s assets include four primary coalmining operations and four processing plants located in South Africa’s Mpumalanga province.
The RBCT is the only major coal export facility in Southern Africa.
SOUTH32 has a 22% stake in the Richard’s Bay Coal Terminal (RBCT), corresponding to an 18Mtpa capacity and significant exposure to the lucrative coal export market.
SOUTH32 operates three large scale coal mines and produces more than 30 million tons of coal per annum for the domestic and the export market.