Eskom Allowing Arnot Coal Contract to Expire on High Prices

  • Power utility to seek alternative coal supply for Arnot plant
  • Eskom buys Arnot coal at $62/ton; spot price now $47/ton

Eskom Holdings SOC Ltd. will let its contract to get coal from Exxaro Resources Ltd.’s Arnot coal mine expire because the South African power utility considers the cost of the fuel coming from the operation too high.

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