Lower Eskom offtake hurts Exxaro interim coal production and sales
Exxaro Resources has warned that its half-year coal production and sales volumes are expected to decrease by 14% and 12%, respectively,"mainly due to the reduced demand from Eskom" at its Grootegeluk operation, the mining group said in a pre-close briefing on Tuesday.
Exxaro said the first three months of the year were challenging in terms of offtake from Eskom’s power stations in the Waterberg region, although improvements were observed in the second quarter.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exxaro's Nombasa Tsengwa elected president of the Minerals Council of SAExxaro's Nombasa Tsengwa elected president of the Minerals Council of SA
Read more »
Miner moves early on Leeu Bank farm evictionExxaro faces backlash for allegedly evicting Mpumalanga family despite ongoing court proceedings and pending appeal.
Read more »
Presidency dismisses return of load shedding as ‘ill-guided political ploy’Electricity Minister Kgosientsho Ramokgopa said Eskom’s performance has defied all the doomsday predictions
Read more »
Labour court rules Eskom's exclusion of white males unlawfulEskom has been criticised for its policy of excluding individuals from non-designated groups, such as white males, from being shortlisted for advertised positions.
Read more »
Eskom death spiral warningEskom’s already dismal financial health is being threatened by declining demand for its electricity from households and businesses.
Read more »
Eskom clears the air on loadshedding rumoursEskom released a statement after false information on social media started circulating regarding the potential return of loadshedding on 30 May.
Read more »