Exxaro upbeat about near-term coal demand
Russian sanctions and Chinese expansionary policy support this, said Exxaro
15 April 2025 - 15:24
Mining and energy company Exxaro said it remained bullish on coal this year thanks to favourable market dynamics, while the new US administration promises to disrupt global investment in the energy transition.
The group laid out its argument for a promising short-term coal outlook in its latest annual report published on Tuesday, forecasting tight supply in seaborne coal markets as Russian producers continue to face sanctions. ..
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