Share

Exxaro launches R9.5bn Limpopo project

Johannesburg - Mining company Exxaro [JSE:EXX] launched its R9.5bn Grootegeluk mine expansion project to supply coal to Eskom's Medupi power station in Limpopo on Friday.

"The Grootegeluk expansion represents one of the largest mining growth projects in Southern Africa," Exxaro's chief executive officer Sipho Nkosi said.

Limpopo premier Cassel Mathale said the expansion of the mine would be used to take the economy of the country further.

The mine already supplied the Matimba power station.

However, it would supply Eskom's Medupi power station with an average 14,6 million tonnes per annum of coal over the next 40 years.

The development also had positive spin-offs for the community, Nkosi claimed.

On Friday Exxaro also officially marked the completion of the first 270 housing units of 794 housing units planned in Lephalale for its employees.

  - Sapa

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.02
+1.0%
Rand - Pound
23.79
+0.7%
Rand - Euro
20.40
+0.8%
Rand - Aus dollar
12.40
+0.7%
Rand - Yen
0.12
+1.2%
Platinum
925.50
+1.5%
Palladium
989.00
-1.6%
Gold
2,333.10
+0.8%
Silver
27.43
+1.0%
Brent Crude
88.02
-0.5%
Top 40
68,437
-0.2%
All Share
74,329
-0.3%
Resource 10
62,119
+2.7%
Industrial 25
102,531
-1.5%
Financial 15
15,802
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders