Exxaro is embroiled in a legal confrontation with Absa over a guarantee related to the infrastructure project of the mining house’s Matla coal mine.

The dispute stems from fallout between Exxaro and a joint venture made up of TDS Projects Construction and Newrak Mining. The joint venture was awarded the contract in 2018 for two distinct but integrated projects at Exxaro Matla’s underground mine 2 and mine 3...

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