Tag: Exxaro
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South Africa: Exxaro estimates a fall in production and sales in H1 CY20 due to COVID-19 crisis
Exxaro, South Africa’s major coal miner and a key thermal coal supplier to state utility Eskom, has shared its half-yearly production and sales assumptions for H1 CY20 (Jan-Jun’20) in a pre-close trading update today. The main highlights of the same are as below: Production: The company’s total coal production is expected to decrease by 1% than the outlook…