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Eskom to buy $3.7B rand annually worth of exportable coal

Andrew Topf | March 08, 2015 | 4:19 pm Energy Africa Coal 

South Africa's Eskom has coal market observers scratching their heads after the public utility announced plans to purchase expensive, export-quality coal from Glencore's (LON:GLEN) Optimum Coal. The move comes amid concerns that Eskom, which has been criticized for its policy of...

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