Mid-tier coal producer Ndalamo Resources is the front-runner to acquire the embattled Arnot OpCo coal mine after the majority of the latter’s creditors gave its R435m bid the thumbs up.
Ndalamo, established in 2013, is looking to add Arnot OpCo, which has a multiyear contract to supply Eskom with coal, to its growing portfolio of fossil fuels that are strategically located near the state-owned coal-fired power station in Mpumalanga.... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an
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