Seriti Resources

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. Seriti is currently Eskom's largest black-controlled coal supplier, with a clear focus on providing secure, long-term coal supply solutions to fuel its power stations. Together, Seriti Coal and Seriti Power are responsible for around 32% of Eskom's annual coal supply. As a dedicated, South African-owned company, Seriti brings significant benefits to Eskom, involving a basket of solutions, including economies of scale. We have a track record as a capable and financially sound business, with a substantial balance sheet that can support Eskom in a robust and sustainable manner. This has enabled Seriti to benefit from and embed material operational efficiencies, which ultimately flow through for the benefit of Eskom. By providing coal of the quality required by Eskom's power stations at a cost sustainable to our business and fair to Eskom, Seriti is playing its part in keeping South Africa's lights on at the optimal price for the consumer.