Big progress on Waterberg line

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In early October, Exxaro announced that it has signed a 10-year transport agreement with Transnet to carry 7.8 Mt of coal on the Lephalale line from the Waterberg Basin to Richards Bay Coal Terminal (RBCT). The deal is expected to trigger a big increase in output at Exxaro’s Grootegeluk mine, and the company’s CEO, Mxolisi Mgojo, said that it will invest ZAR10B (US$711M) in the area over the next five years.

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