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CoAL bails out of Universal offer

Universal to begin NCC production despite no CSA with Eskom

Gareth Tredway
The first coal being loaded for Eskom from Universal's Kangala mine

The first coal being loaded for Eskom from Universal's Kangala mine

This is due to a delay in Universal securing a supply agreement with South Africa's state-owned power utility Eskom for coal production from its New Clydesdale Colliery (NCC). In November 2015, the Universal...

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