Otmane El Rhazi : Optimum rescue chance reasonable if Eskom deal renegotiated – Glencore

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

The directors of Optimum are of the view that there is a reasonable prospect of rescuing Optimum Coal if the supply agreement with Eskom can be renegotiated, Glencore said on Thursday. In releasing its half-year (H1) production figures, the diversified major reported 3% higher South African coal production at 22.3-million tonnes, mainly on coal discard reprocessing at iMpunzi and the ramp-up of opencast operations and continued underground productivity improvements at its Tweefontein colliery in Mpumalanga.