‘The South African coal market requires substantial investment and recapitalisation to meet both domestic and export requirements. As part of its growth strategy, Wescoal has ambitions to play a significant role in consolidating the junior coal mining sector.
Wescoal has taken the first step towards realisation the consolidation imperative by concluding the acquisition of Keaton Energy Holdings. Over and above the enlarged group benefiting from an increased resource base, diverse asset and shareholder base, economies of scale, synergies and enhanced production and cash generation, the transaction creates an entity with enough scale to realistically take aim at becoming a major player in the sector.’
Robinson Ramaite – Non Executive Chairman
We will be a dynamic black-owned and black led coal company which champions socio-economic change and transformation. We will lead the industry in environmental sustainability, stakeholder partnerships with communities, employees and shareholders.
The following values speak to traits that should be evident in our organizational behavior moving forward:
Delivery – we are focused on meeting our value commitment to our stakeholders.
Dynamic – we have the agility to succeed in a changing environment.
Integrity – we have the courage to act fairly and responsibly in all we do.
Accountability – we take ownership for the impact of our actions.
Well-being – we create an environment for our employees and communities to prosper and excel.
To play a leading role in delivering a reliable energy source in a manner which adds transformational value to society.