South African mining firm, Wescoal has placed the Vanggatfontein colliery on maintenance amid uncertainty surrounding Eskom’s renewal of its coal supply agreement. The 10-year supply agreement is set to expire on 30 Apr’22 with 0.3 mnt of stockpile at the mine. It has a production capacity of 3.6 mnt/annum. Eskom’s agreement to secure the colliery’s resources to be dedicated solely has not been materialised, Wescoal said in an exchange filing.
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