COMPANY ACTIVITY

Universal clinches Eskom agreement

SOUTH African coal producer Universal Coal has executed a coal supply agreement with electricity utility Eskom that will enable open pit production to start at its second mine, New Clydesdale Colliery.

Lou Caruana
Universal Coal's New Clydesdale Colliery in South Africa.

Universal Coal's New Clydesdale Colliery in South Africa.

Under the agreement, Universal will deliver to Eskom, for a period of seven years, 1.2 million tonnes per annum of coal sourced primarily from NCC's Roodekop deposit. The phase 2 open pit production...

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