South32’s SA coal sale to be concluded early in 2021
If successful, the transaction will see Seriti Resources become a major supplier of coal to Eskom
21 December 2020 - 14:09
With the end of 2020 fast approaching, the sale of South32’s SA coal assets to Seriti Resources is now set to close by the first quarter of 2021, the diversified global miner said on Monday.
The deal to divest the SA Energy Coal (SAEC) business to Seriti was announced in November 2019 with the aim to finalise the transaction before the end of the 2020 calendar year...
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