Exxaro to report surge in exports on good recovery in demand by India
Operations have remained stable and the outlook for the months ahead is positive, Exxaro says
03 December 2020 - 18:01
Exxaro Resources expects export coal volumes to increase 27% in the year to December, with the weaker exchange likely to cushion softer prices.
At a briefing ahead of entering a closed period as the financial year winds up Exxaro, SA’s largest coal producer and the largest supplier to Eskom, said it experienced a good recovery in demand for coal from India and the rest of the world as lockdown restrictions were eased and industries resumed production...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.