Exxaro concludes Inyanda sale to Burgh, Lurco

The Competition Commission has approved the acquisition of the Inyanda colliery by a consortium comprising Burgh Group and Lurco Group from Exxaro. Burgh and Lurco will continue to use the Inyanda plant, situated in the eMalahleni district in Mpumalanga, for coal beneficiation and foresees the production of more than 25-million tonnes of coal for the local and international export market over the next five years, which will add significantly to the country’s coal beneficiation infrastructure.