BHP in talks to sell Optimum coal mine

BHP in talks to sell Optimum coal mine

BHP Billiton is in preliminary talks with several potential buyers for its flagship Optimum South African coal mine, a spokesman for BHP Billiton said.

BHP Billiton declined to give any details of who the potential mine buyers are. The spokesman was unable to say if they are other major coal producers or South African Black Economic Empowerment small mining companies.

Optimum produces around 6 million tonnes a year of export coal and 6.5 million tonnes a year domestic-grade coal for supply to state power generator Eskom.

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