LI Coal Resources (PTY) LTD is a 100% BBEE Company with 26% African women ownership and involvement. LI coal’s head office is in Johannesburg, South Africa. Our core business operations involves coal prospecting, exploration, coal trading and running of coal blending sites in Mpumalanga, Limpopo and KwaZulu Natal. Our biggest market focus is on the domestic market for grade C coal, peas for industrial customers such as the steel industry, duff and spiral for the cement industry.
We also seek to grow our coal export business through our TFR rail allocation and port slot at Richards Bay Dry Bulk. Our two coal blending sites in Witbank give us the opportunity to blend low CV coal which we supply to Eskom and other clients. We also have a couple of exploration projects in Mpumalanga, Limpopo, and KwaZulu Natal.
We have established very strong relationships and strategic partnerships with end users and trading companies in India, China, London and Geneva to supply them with both thermal and anthracite coal which will be mined and sourced from South Africa.
Our mission is to be a responsibly and safety conscience coal company, so that we can improve production efficiency and advance more sustainable use of coal to evolving customer needs.
Safety and efficiency, we aim to improve energy efficiency in our own operations and create a Win-win environment between us and our employees, clients, our partners and the communities.
We want to produce and provide high quality coal to our clients; as a result we have identified and targeted areas that have a 100% thermal and anthracite coal in South Africa.
LI Coal is run and managed by a team who have in-depth knowledge, expertise understanding and strong business networks in the following areas:
LI Coal brings business, technicality, fundraising and political networks. We pride ourselves by investing in strong and mutual beneficial relationships and networks.
This coal project is in the drilling stage and we hope to start producing coal from this farm within the next one or two years. From this site we expect to produce close to 50 million mt of coal which will be divided into export and Eskom type of coal. Resource market: Eskom, and washing plant for export markets. Resource size: Estimated reserve is 50 million tonnes. Resource quality: Unknown but beneficiation is necessary to acquire Eskom quality. It is therefore assumed low quality.
This coal project is in the drilling stage and we hope to start producing coal from this farm within the next one or two years. From this site we expect to produce close to 5 million mt of coal which will be divided into export and Eskom type of coal. Resource market: Eskom, and washing plant for export markets. Resource size: Estimated reserve is 6 million tonnes. Resource quality: Unknown but beneficiation is necessary to acquire Eskom quality. It is therefore assumed low quality. Mining method: Opencast
This coal project is in the drilling stage and we hope to start producing coal from this farm within the next one or two years.Resource market: Eskom, and washing plant for export markets. Resource size: Estimated reserve is 7 million tonnes. Resource quality: Unknown but beneficiation is necessary to acquire Eskom quality. It is therefore assumed low quality. Mining method: Opencast
This mine is operational. The CV ranges between 22 and 27. Monthly ROM produced is about 20-30k mt. Resource size: Estimated Mine reserve is about 1.5 million to 2 million tonnes. ROM washed at Elendspruite washing plant and Madin washing plant. ROM washed to 27CV, duff, peas, small nuts and sometimes to 0-50mm RB1. The finished product is supplied to inland market and sometimes export through RBCT port and Durban port for nuts for East Africa market.
Mr. Bongani Phillip is the CEO and Executive Chairman of LI Coal Resources. He has more than a decade of experience in energy and the international oil business. Prior to his current role at LI Coal, Mr. Phillip was an Energy Consultant in South Africa focusing mainly on policy issues related to oil, gas, coal and energy in general (i.e. electricity, coal mining, renewable, oil and gas).
In 2003, he was recruited by the South African national oil company, Petroleum Oil and Gas South Africa (“PetroSA”), to establish a new department for Government Relations. This department was tasked with developing relationships with governments of oil and gas producing countries, particularly in Africa, dealing directly with Senior government officials such Ministers, Director Generals, Ambassadors, Members of Parliament, etc., to lobby on business issues.
Mr. Bongani Phillip is also an None-Executive Director in a number of companies including Bulang Resources which is an exploration and mining company, Inkosi Energy (Pty) Ltd, Bornfree Investments 95 (Pty) Ltd which is a shareholder in Batho Bonke (ABSA BEE initiative) and the Sanlam BEE initiative with Mr. Patrice Motsepe.
The BL LEGACY foundation was founded by Mr. Bongani Phillip the founder and Executive Chairman of LI Coal Resources on his 40th year birthday celebration to plough back to the African community whose family unity have been destroyed by more than 300 years of white colonial apartheid economy. The Foundation focuses its corporate social investments particularly in education on the African continent.
The foundation grants study bursaries and partly interest free loans to University students from historical disadvantage backgrounds particular from the Southern Cape in George and the rural areas from Lady Frere in the Eastern Cape Province. High school learners are assisted with fees for extra school tutors in maths, science, English, business studies and economics. We also provide Schools with funding to procure laboratory equipment and computer equipment. The BL LEGACY foundation will also from time to time focus on empowering rural communities in the Eastern Cape Province by assisting them in their respective NGO projects. Some of the confirmed villages that will benefit from this initiative are Tsolokazi (Mtsalani), Molteno, Rodane, Tshatsho, Mpotulo and Bholotwa which is where Mr. Phillip grew up and spent most of his youth years during the 70’s.
1ST FLOOR, OFFICE 5, THE DISTRICT OFFICE PARK, 8Tth KIKUYU ROAD, SUNNINGHILL, SANDTON,2162
tel: +27 (0) 10 1100 305
fax: +27 (0) 86 558 7764