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coal investing

Strike Ends at Exxaro Resources’ Tshikondeni Coal Mine

Written by Investing News Network
|
Mar. 12, 2013 11:51AM PST

Bloomberg reported that a strike at Exxaro Resources Ltd.’s (OTC Pink:EXXAY) Tshikondeni mine has ended, allowing production to continue as normal.

Bloomberg reported that a strike at Exxaro Resources Ltd.’s (OTC Pink:EXXAY) Tshikondeni mine has ended, allowing production to continue as normal.

As quoted in the market news:

Output at the coal operation in the northernmost province of Limpopo, stopped yesterday and today, National Union of Mineworkers branch secretary Mxolisi Hoboyi said by phone . The mine supplies hard coking coal to ArcelorMittal (MT) South Africa Ltd.’s Vanderbijlpark plant, the continent’s biggest steelmaking facility.

Click here to read full Bloomberg article.

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