Up to six firms bid for South32’s SA Energy Coal assets
Seriti Resources and a Mercuria-led consortium are among the bidders, with South32 saying it expects binding bids by June 30
20 June 2019 - 17:13
London — Seriti Resources and a consortium backed by global energy trader Mercuria are among up to six groups to have submitted final bids for the SA coal assets of South32, four sources familiar with the matter told Reuters.
A consortium backed by Exxaro Resources dropped out of the race due to competition issues as the firm is already a major coal producer and supplier to Eskom, three sources said...
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