South African diversified miner Exxaro has said that it has 4.5 bt of coal reserves in the Waterberg region and that it is planning further expansions.
The company said it would produce 25 mtpa of coal between 2015 to 2018 from a joint venture mine with Sasol the world's top maker of motor fuel from coal, to supply Sasol's proposed 80,000 barrels per day coal-to-liquids project.
Sasol plans to build the new project, named Mafutha, in South Africa's Limpopo province, which is known to have substantial coal reserves located in the Waterberg region.
Exxaro, the main coal supplier to South Africa's utility Eskom is reported to be delivering the first consignment of coal to the power firm's Medupi power station, which is currently under construction, by October 2010.
