• Ranked the most attractive country in which to do business according to Ernst & Young 2011 Africa Attractiveness Survey
• Modern infrastructure system supporting distribution of commodities for both domestic and export markets
  • Extensive rail network (10th longest in the world)
  • Majority of electricity generated via coal fired power stations
  • Richard's Bay port in South Africa is the world's largest bulk coal terminal, 91million tone per annum capacity
  • Coal railed from approximately 49 mines
• Long history in resource development
• World's largest PGM & ferrochrome producer
• Significant coal, iron ore and manganese resources

Black Economic Empowerment

Forbes Coal's projects in South Africa include the involvement of local investors, as determined by the country's regulations governing investment and minerals development. Under the terms of the Mineral and Petroleum Resources Development Act, and the Mining Charter in South Africa, 26% of the equity in mining operations must be controlled by Historically Disadvantaged South Africans by 2014.

Specifically, for Forbes Coal's operations, this has resulted in 70% of the equity being held by Zinoju and 30% by the BEE partners.