WEC 0.00% 4.8¢ white energy company limited

JOHANNESBURG (miningweekly.com) – Productivity in Anglo...

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    JOHANNESBURG (miningweekly.com) – Productivity in Anglo American’s coal business in South Africa is 50% below that of Anglo’s coal business in Australia. Anglo’s primary coal focus in South Africa is on its longest-life mines that have the best margin potential. These are the Zibulo, Greenside and Goedehoop collieries.... the company’s South Africa mines are restricted to their export allocation at only one port, the Richards Bay Coal Terminal (RBCT). As a consequence, the company has to be far more selective about its improvement efforts. “Unless we can get significantly more access at RBCT, we’re limited in terms of the upside potential, which means we have to reconfigure the portfolio around our logistics limitations,” French explains.

    Briquetting coal waste into a higher value product with an improved logistics cost structure would be a smart move. Get it done !
 
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