With plans to join the mid-tier coal producing playing field, Keaton Energy intends to hit the 5 Mtpa saleable coal mark by 2017. But just how achievable is that goal? CEO Mandi Glad updates Mining Review Africa on the company’s progress and strategy.
In the last six years, Keaton Energy has shown remarkable growth in its transition from a junior explorer to a coal producer, now consistently supplying a number of power stations for Eskom, its biggest customer by volume, with quality thermal coal thanks to the increased output at its Vanggatfontein colliery in Delmas, Mpumalanga.
This was not always the case, Glad admits, saying that “our relationship with Eskom was difficult initially because we weren’t performing and Eskom needs consistent supply. In Vanggatfontein’s early days, we faced challenges that prevented us from meeting our targets. The plant is however consistently performing today and our relationship with Eskom is a good one.”