Terminal, which is owned by several mining companies including Glencore, Thungela Operations, Seriti and Exxaro, gave Optimum until end of this month to cease using the export terminal facility. RBCT served the mine with the termination letter alleging that Optimum Coal Mine had failed to meet the coal exporter's requirements, which could see the mine ceasing to export coal through the facility, citing reputational risks.
However, in a letter dated December 28 2022, business rescue practitioners Kurt Robert Knoop and Kgashane Christopher Monyela gave RBCT CEO Alan Waller until Friday to reconsider its position or meet in court. From your letter it is clear that you, your team and your advisers have still to consider a substantial amount of information which may affect the conclusions contained in your letter of November 30 2022, and that you will supply us with the RBCT board’s response following its consideration of the information by January 20 2022,” the letter read.
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Optimum Coal business rescue practitioners threaten to go to court if RBCT terminates contract | City PressOptimum Coal business rescue practitioners are threatening to go to court should the Richards Bay Coal Terminal (RBCT) board continue with its stance over the use of the export terminal. We can't export coal in this situation we are in during load shedding plus supplying feed of electricity to other that's good. But SA is now moving to renewables mos!
مصدر: City_Press - 🏆 7. / 72 اقرأ أكثر »
Glencore under new climate action pressure over coal cash cow | BusinessGlencore is facing new investor questions over the climate impact of its top performing coal mining unit, ratcheting up pressure on the world’s biggest shipper of the dirtiest fossil fuel. | News24_Business _Business No surprise ClimateHoax24 is pushing the green energy good, fossil fuels bad agenda. Why not run a story about South Africa selling all its best coal to Germany to burn and who is profiting in this mammoth exchange of value?
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »
Germany misses 2022 climate target on Ukraine war fallout | BusinessGermany used more renewable energy than ever in 2022 but again failed to reach its CO2-reduction goal as Russia's war in Ukraine prompted a return to more coal and oil use, a think tank reported Wednesday. | News24_Business _Business Imagine the amount CO2 that War is pushing into the atmosphere... Thousands of years worth of CO2, now imagine the amount of CO2 the American Wars all over the Planet since WW2. The so-called 'World Leaders' are confused Children. _Business I can teach you how to make money online with just a few money like $100 to make $10, 000 ask me how Or in box me for more information _Business I can teach you how to make money online with just a few money like $100 to make $10, 000 ask me how Or in box me for more information
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »
Hawkish Fed rhetoric fails to lift dollar; Aussie jumps - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The dollar struggled to advance on Thursday even though Federal Reserve policymakers reiterated their commitment last month to fighting inflation, while the Aussie rallied after China eased its restrictions on imports of Australian coal. That sounds food's to my ears China should completely stop buying coal from AUSTRALIA Hey elonmusk … I have a better idea, delete the SABC news account… much easier way to get rid of the bots, maybe…
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »