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Ownership and joint venturesEach colliery produces its owncomprehensive SEAT manual.Above, covers of theGoedehoop and New Denmarkreports.The goal of having 15% HDSA participation inownership by the year 2009 has been achieved.Anglo Coal South Africa has HDSA ownership of21%, and has a strategy in place to achieve the2014 HDSA ownership target of 26%.One of our more recent JV partnerships isMafube colliery, a 50:50 joint venture betweenAnglo Coal South Africa and Eyesizwe Coal, a BEEcompany. Coal production started at the colliery inJuly 2004 and will initially supply 1.2Mtpa of coalfor local power generation, but may expand toexport 2.5 to 3Mtpa of coal through the RichardsBay Coal Terminal.There are several possible joint ventures andprojects in the planning stages.BeneficiationNo further beneficiation of our coal product isundertaken by customers before consumption andutilisation. Accordingly, no beneficiation targetshave been set.ReportingAnglo Coal South Africa considers this report,A climate for clean coal partnerships, to complywith the Mining Charter reporting requirement.Richards Bay Coal Terminaleffects transformationthrough expansionBy the end of 2008, Richards Bay CoalTerminal (RBCT) is expected to havecompleted its R1 billion expansion project,increasing the terminal's export capacityfrom the current 72Mtpa to 92Mtpa.South Dunes Coal Terminal, which will beat least two-thirds HDSA controlled, willtake up 6Mtpa of the expansion capacity.A further 10Mtpa will be available forsubscription by all coal producers withspecific preference being given to blackempowered mining companies. Theremaining capacity is earmarked toencourage a new generation of BEE coalexporters by making available up to 4Mtpafor emerging BEE export coal producers.37