Thungela is one of the largest pure-play producers and exporters of thermal coal in South Africa, based on aggregate thermal coal reserves and marketable thermal coal production. Thungela owns interests in, and produces, its thermal coal predominantly from seven mining operations. The company exports its thermal coal portfolio mainly to the Indian, Asian, SEA, Middle East and North African markets. Thungela also holds a 50% interest in Phola, which owns and operates the Phola Coal Processing Plant, and a 23.22% indirect interest in Richards Bay Coal Terminal (RBCT). RBCT is the largest coal export facility in Africa, with an advanced 24-hour operation and a design capacity of 91 MTPA.

A private resources company located in Brisbane, Australia. Mayfair invests in operating and advanced exploration projects in bulk commodities, precious, base, strategic metals and other critical minerals. Mayfair’s senior management team has over 100 years’ experience in managing and financing metal and natural resource mining operations in Australia, North and South America. Mayfair currently has a diversified portfolio of exploration projects in coal, vanadium, IOCG gold and copper assets.

A Switzerland-based investment group focused on long-term investment opportunities in the mining and metals sector. Audley concentrates on acquiring non-core producing assets from established mining and metals companies, deploying “best-in-class” management to optimise efficiency and unlock value.