Exxaro forecasts lower interim output and sales
27 June 2023 - 10:46
UPDATED 27 June 2023 - 15:58
Exxaro, SA’s largest coal miner, expects to report lower production and sales in the first half of its 2023 financial year as logistical challenges, high inflation and lower coal prices affected its coal business.
The company said in a pre-close message that total production was predicted to fall 3.4% to 20.7-million tonnes and sales 7.2% to 19.5-million tonnes in the period to end-June compared to the previous six months to end-December...
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