Exxaro will support any ‘sustainable’ plan for restarting Arnot

Mining group Exxaro says it will be guided by Eskom on the future of the Arnot coal mine, in Mpumalanga, which was closed after Eskom’s contentious December 31, 2015, decision not to renew a 40-year coal supply agreement (CSA) with Arnot, an Eskom-tied mine operated by Exxaro. The termination of the agreement triggered a series of events that resulted in the now well-publicised R650-million prepayment to the Gupta-family-linked Tegeta, which was held up as suspicious by former Public Protector Thuli Madonsela in her ‘State of Capture’ report.