Incorporated on 29th July 1862
A mixed gauge line to connect the Vale of Neath Railway with ironworks in the area. It was re-named the Neath and Brecon Railway in 1863 and opened in 1864. The line was extended and amalgamated with the Swansea Vale, and the Neath and Brecon Junction Railways in 1869, later passing to the Great Western in 1922.

Capital £60,000 in shares of £10 each, loans of £20,000.