Salungano Group has been and will remain substantially invested in coal. However, it will be a reducing component of our investment portfolio as we mine the reserves at our existing coal mines.
We understand the need to respond to the climate crisis that the world is currently facing while balancing the energy requirements to grow our developing economy.
We further understand that the move to less carbon-emitting technologies must, as far as possible, not leave workers and communities in affected areas in a worse off position.
Therefore, the balancing act required to manage these challenges has dictated our future strategy, which will focus on investments in diverse complementary sectors.
