Ticket prices increase in:

FutureCoal announces new chairman

13 Aug 2025 | Market News

FutureCoal has appointed Mike Teke, Group CEO of Seriti Resources as its new Chairman

As Chair of FutureCoal’s Southern Africa Chapter, Teke has already played a significant role in advancing the Alliance’s Sustainable Coal Stewardship (SCS) framework. This practical, innovative, and technology-led roadmap provides a 10-year pathway for modernisation and responsible investment aimed at delivering both economic and environmental benefits.

Teke has emphasised the need for global unity and support in the face of energy and supply security challenges, stating, “Our mission at FutureCoal is to define a future where coal is understood as a strategic resource necessary to alleviate poverty and underpin multiple aspects of modern living.”

He urges all players in the coal value chain to step forward and lead with conviction, rather than hiding in silence. “I want every investor, producer, technologist, and policymaker across our value chain to come out of the coal closet,” he said. “Stop being silent supporters, stop apologising, and start leading. Now is the time to be bold, informed, and united in our purpose.”

Teke explains the Sustainable Coal Stewardship framework is not merely a concept but a practical roadmap. It serves to align policymakers, financiers, and stakeholders, thereby supporting responsible coal use across multiple industries in the value chain, demonstrating that it is not only feasible but already underway. “Now is the time to unite and lead the transformation that ensures this vital resource continues contributing to our global community responsibly and effectively.”

He has paid tribute to July Ndlovu’s tenure, during which FutureCoal reshaped from a traditional industry body into a bold and future-facing global alliance, noting that Ndlovu’s leadership coincided with unprecedented activism.

Reflecting on his tenure, Ndlovu expressed, “I am immensely proud to have served our value chain during a pivotal period in FutureCoal’s history. I am confident that under Mike’s leadership, in conjunction with our visionary and courageous Chief Executive Michelle Manook, FutureCoal’s influence, and impact will continue to grow.”

RELATED
Digital Diary - Mike Teke, CEO of Seriti Resources

Join Us at Mining Indaba 2026

Mining Indaba 2026 is where African and global mining leaders come together to connect and shape the future. Exhibit, sponsor, or register today —don’t miss out!

Exhibit or sponsor Secure your ticket
Share on socials
Back