Reuters reports that state-owned power utility Eskom said on Monday it had healthy stockpiles across its coal-fired power stations and was building them further ahead of a potential coal sector wage strike by the National Union of Mineworkers (NUM).
“To mitigate the impact from this impending strike, the utility is working tirelessly to reclaim coal from current stockpiles, as well as build up operational stockpiles,” Eskom said. The NUM is aiming to strike from Sunday after wage talks broke down last week with the Chamber of Mines which represents collieries run by Anglo American Coal, Delmas Coal, Exxaro, Glencore and others that together account for about half of SA’s coal production.
- A short report by Ed Stoddard is at Moneyweb
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