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Masimong Group acquired 25% in Seriti in 2018. Seriti is a broad based, 90% black owned and controlled South African mining company.

Seriti was incorporated to acquire the New Vaal, New Denmark and Kriel mines from Anglo American, as well as various life extension coal resources and closed collieries. This acquisition positions Seriti as major South African mining company responsible for supplying approximately 24Mtpa of thermal coal to Eskom’s Lethabo, Tutuka and Kriel power stations, which collectively generate about 23% of the country’s electricity.

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