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Grootegeluk 6 – Phase 2, South Africa

15th December 2017

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Grootegeluk 6 – Phase 2.

Location
Limpopo, South Africa.

Client
Exxaro.

Project Description
The project entails the construction of a 1.7-million-tonne-a-year semisoft coking coal mine.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
R4.8-billion.

Duration
First production is expected in 2020.

Latest Developments
The output of the mine has been revised downwards from the 2.7-million tonnes initially reported by Exxaro. Exxaro’s head of coal, Nombasa Tsengwa, has said that, as a result, Grootegeluk 6 will deliver a higher-priced product, and the other one-million tonnes of production has been deferred to phases 7 and 8 of the mine’s development.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Exxaro Resources executive head: strategy and stakeholder engagement Mzila Mthenjane, tel +27 12 307 7393 or  email investorrelations@exxaro.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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