As a result of its coal troubles, which impacts both Sasol's fuel and chemicals business in South Africa, the synthetic fuels and chemicals group has warned that its production will be lower than anticipated.
Secunda Operations' production volumes are now expected to be between 6.6 million tonnes and 6.9 million tonnes, down from previous guidance of between 7 million and 7.2 million tonnes. Liquid fuels sales volumes are also projected to be between 52 million and 55 million barrels, compared with previous guidance of 53 million and 56 million barrels.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.
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_Business The good quality is being sold to China The shit coal goes to Eskom Remind me who's selling coal to China....
_Business Coal purchases from where? King Charlie , Ramaphosie and New World Order wants our own coal mines shut down. Let Rampies explain what was discussed in Europe and what he was paid to do.Prove me wrong.
_Business One MUST ask WHY is the coal mined of such low quality? Is it because they are mining too much of the surrounding rock being excavated simultaneously, and then there is then no selection process being implemented?
_Business All you know is billions
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