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Ixia Coal Pty Ltd

Category: Organisation
Sub Category:Public Company
Location:Republic of South Africa
Summary Information:
Ixia Coal Pty Ltd is a black-women controlled mining company which is to be established for the purposes of facilitating the 'Sasol Mining Ltd and Ixia Coal Pty Ltd Black Economic Empowerment (BEE) Transaction' (see links below). Under this transaction, Ixia Coal is to acquire 20% of Sasol Mining's shares.

Ixia Coal was to be 51% owned by WIPCoal Investments, a venture between Women Investment Portfolio Holdings Ltd (WIPHOLD), which owns 60%, and Mining Women Investments Pty Ltd, which owns 40%. Sasol Mining will retain a 49% holding in Ixia Coal. Sasol Mining is a wholly-owned subsidiary of Sasol Ltd.

Related Entries

Agreement
  • Sasol Mining Pty Ltd and Ixia Coal Pty Ltd Black Economic Empowerment (BEE) Transaction
  • Organisation
  • Women Investment Portfolio Holdings Ltd (WIPHOLD)
  • Mining Women Investments Pty Ltd
  • Sasol Mining Pty Ltd - Shareholder

  • References

    Media Release
    Sasol (16 May 2008) Sasol Shareholders Approve R30 Billion Broad-Based BEE Deal
    Sasol Ltd (11 October 2007) Sasol's Sale of 20% in Mining Subsidiary to Black Women for R 1,9 Billion

    Glossary

    Proprietary Company

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