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Solethu Forms Mining Venture
Solethu has formed a wholly owned subsidiary called Solethu Mining to focus on Mining Opportunities throughout Africa. Solethu through its strong logistics capabilities is very well positioned to add value to Mining Entities working in logistically constrained areas and seeks to partner with them in developing their resources.
Solethu Investments
Group Structure
Solethu Investments is 95% black controlled and is 80% black owned on a flow through basis.
Solethu shareholding structure ensures that it is a black controlled empowerment entity with a sustainable black shareholding base.
Investments
RACEC Rail (www.racec.co.za)
Construction and maintenance of:
Railway trackwork and sidings
Trackwork encased in concrete
Tracks for gantries, stacker reclaimers and cranes
Electrical
Construction and maintenance of:
Electrical reticulation
Industrial building installations
Overhead transmission lines
Road and area lighting
Railway track electrification
Manufacture of:
Electrical Enclosures
Electrical Switchboards
Generators
There are significant synergies between Solethu's investments and Racec Limited.
