South Africa's Wescoal expects to break ground in February at its greenfield Moabsvelden project, with the mine expected to supply Eskom's Kusile power plant with 3 million tonnes of coal a year at its peak, the CEO said on Thursday.
Reginald Demana, group chief executive at Wescoal -- which is largely focussed on domestic supply to state-owned power utility Eskom -- was speaking at a southern Africa coal conference in Cape Town.
(Reporting by Wendell Roelf; Editing by Tim Cocks and David Evans)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 95.41 USD | +1.78% | -0.62% | 23.24B | ||
| 503.4 PTS | +0.07% | +1.12% | - | ||
| 36.99 USD | -0.08% | +0.22% | 2.41B | ||
| 8.93 USD | +5.93% | +10.79% | 436M | ||
| 170.3 PTS | -0.12% | +1.68% | - | ||
