Minin capital could hit ZAR6bn in 2027
Sasol has outlined a plan to reduce external coal purchases from 8.8 Mt in 2026 to between 5–7 Mt in 2027, with a longer-term goal of sourcing 34 Mt internally by 2028. The company’s Secunda Operations are expected to sustain output of 7.2–7.4 Mt annually, supported by improved gasifier availability and a R1 billion destoning facility that lowers coal impurities below 12%.
Mining capital expenditure is rising despite group-wide cuts, climbing from R2.9 bn in 2024 to R4.1 bn in 2026, with forecasts of R5–5.6 bn in 2027. Sasol reported a 17% increase in EBITDA to R61 bn, aided by global energy market volatility.
Alongside coal, Sasol is preparing to introduce methane-rich gas (MRG) to industrial customers from 2028, pending regulatory clarity on pricing and competition assessments. The dual track—coal consolidation and gas transition—positions Sasol to secure feedstock stability while navigating South Africa’s evolving energy landscape.
