Logistics and cargo handling group Grindrod is upbeat about prospects in coal in the short term, but takes a more cautious stance on the disputed commodity in the long term, labelling it “unsustainable”.
This was as the Durban-based group reported sturdy mineral commodity markets had underpinned its strong half-year performance which saw it opt for a 17.2c interim dividend, from none previously, representing a payout of about R120m. ..
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