JOHANNESBURG - Exxaro Resources and Eskom have inked a long-term coal supply deal, locking in fuel for the Matla Power Station until 2043.
The deal extends a partnership spanning over 40 years and aims to bolster South Africa’s energy security.
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It guarantees a steady supply of coal from Exxaro’s Matla Mine, supporting jobs and economic activity in Mpumalanga.
Eskom said the agreement will boost cost efficiency and back its financial recovery.
Even as South Africa shifts toward renewables, coal remains vital to the nation’s power mix, providing reliable baseload electricity as the grid evolves.