Exxaro coal sales and production fall with Eskom demand
Miner nonetheless pushes first-half exports 22% higher than those of previous six months
15 August 2024 - 09:47
UPDATED 15 August 2024 - 19:46
Exxaro, SA’s largest coal miner, said on Thursday its coal production and sales for the six months to end-June were down about 13% and 12%, respectively, compared with the previous six months due to lower demand from Eskom and logistical challenges.
Thanks to improved performance at some of its coal stations Eskom did not load-shed for more than four months. But due to poorer performance and increased maintenance it had to resort to frequent power cuts during the quarter...
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