Pre-close statement: Exxaro expects the average export price for coal to decrease 10% to $101 per tonne and iron ore fines 3% to $117 per dry metric tonne for the first half of 2024. Total coal production and sales volume are projected to drop by 14% and 12%, respectively, due to lower demand from Eskom, while capex will be 33% lower.
Click here to read the SENS