South32 reports fall in SA coal volumes as Eskom demand drops
21 January 2021 - 09:45
Diversified miner South32, which is in the process of exiting its SA coal assets, said on Thursday its domestic coal volumes declined in its half-year to end-December amid a lack of demand from power utility Eskom.
A strengthening of the rand has also pushed up operating costs, the group said in a trading update, while export sales were also lower following the suspension of activity from loss-making pits in response to market conditions...
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