CLM Africa acquires shareholding in PBT Investment (Pty) Ltd.
CLM Africa has acquired a shareholding in PBT Investment (Pty) Ltd, a boutique coal processing, coal washing and blending, supply and logistics firm that is 100% BEE compliant and black owned. Founded in 2013 by Bongani Tshabalala, PBT Investments’ headquarters is in Emalahleni and their operations are within a 20km radius from the city. In 2016 their yearly operations was R40 million, with the potential of doubling it in the upcoming year with the combined expertise and management prowess that CLM Africa is bringing into the young company. Their current customers are Jindal Africa, Mercuria, Sudor Coal and others.