Thursday, May 10, 2007

Exxaro, ARM Coal, others win new coal export quotas

(Reuters) - South Africa's Exxaro Resources Ltd and a unit of African Rainbow Minerals got the two biggest coal export entitlements under an expansion of the Richards Bay Coal Terminal (RBCT) due by 2009, the terminal said on Thursday.

Exxaro, which spun off from Kumba Resources last year, said its total entitlement will jump to 5.3 million tonnes per year.


Read more at Reuters Africa

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