Sasol to buy in more coal amid ongoing quality problems at own mines
Energy and chemicals group Sasol has again reduced its coal production forecast for the current financial year, owing to ongoing quality problems affecting production at its Secunda Operations, where coal and gas is converted into fuels and chemicals. In a production and sales update, the JSE-listed company said production from its mining unit had been revised down to between 28-million tons and 30-million tons, while its coal cost range had been revised to between R650/t and R670/t.
Energy and chemicals group Sasol has again reduced its coal production forecast for the current financial year, owing to ongoing quality problems affecting production at its Secunda Operations, where coal and gas is converted into fuels and chemicals. In a production and sales update, the JSE-listed company said production from its mining unit had been revised down to between 28-million tons and 30-million tons, while its coal cost range had been revised to between R650/t and R670/t.
