Deals
Exxaro Resources Considers Accelerating Congo Iron-Ore Plan
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Exxaro Resources Ltd., a South African coal company, is studying speeding up an iron-ore project in the Republic of Congo after its 20 percent stake in a mine producing the commodity contributed more than half its earnings last year.
“We’re looking at the geology, the plans, the product, the possible start date, the size,” Chief Executive Officer Sipho Nkosi said in an interview in Pretoria yesterday, referring to a revised production schedule due in July.