JOHANNESBURG (miningweekly.com) – Sasol Mining has been granted approval by the Competition Tribunal to acquire Anglo American Inyosi Coal’s mining rights over a coal resource in Mpumalanga.
The approval was given to Sasol Mining Holdings and Ixia Coal, its black economic empowerment partner.
Sasol Mining has concluded a commercial agreement with Anglo American Inyosi Coal to cede its Project Alexander coal resource to Sasol Mining.
The acquisition of this resource forms part of Sasol’s strategy to secure continuous supply of coal feedstock for its Southern African integrated value chain.
This coal resource is located adjacent to Sasol’s existing Syferfontein colliery in Mpumalanga.