Exxaro expects H1 thermal coal output to rise 1%

Exxaro Resources Ltd expects coal production for the half year to June 30 to increase by 1.7% to 23.52 million tonnes, the South African coal miner said on Thursday.

It expects thermal coal output to rise by 1% to 22.307 million tonnes and metallurgical coal to increase by 12% compared with the preceding six months due to higher production at its Grootegeluk mine.

Source: moneyweb.co.za