Hi gents, why can't you play cricket like this at home?
Exxaro has tied operations with eskom at matla and Arnot which are relics from when Exxaro was formed by Anglocoal and Trans natal (BHP) in the 90's as a BEE deal.
grootegeluk came into the exxaro stable from the re-bundling of kumba resources from ISCOR (state iron and steel producer)
ISCOR developed GG in the 70's/80's for coking coal with the commitment from Eskom that the middlings would be tied to a contract at the Matimba power station.
exxaro have signed a contact to supply Medupi PS which is the second station being built in the Waterberg.
ESKOM have also started the Environemental steps to build a third station in the same area. The only other coal rights owner closer than exxaro is sekoko.
Note Exxaro have a project team working on a new mine independent of GG so the race is on chaps
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