source: SouthAfrica.info
2 July 2009
Exxaro has entered into a prospecting joint venture agreement with Sasol Mining for the development of a new coal mine, the diversified resources company said on Wednesday.
The mine was intended to supply Sasol’s new potential inland coal-to-liquids (CTL) project, Exxaro said in a statement.
“Project Mafutha is an investigation into the development of another CTL project in South Africa and is envisaged to be located in the north-western part of the Limpopo province due to the substantial coal reserves in the Waterberg region.”
Should the project proceed, it would require a new coal mine to produce feedstock for the 80 000 barrels-a-day CTL complex.
“The development will help meet the growing shortfall in South Africa’s domestic fuel production, most notably in the [continue reading]
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