HMS Bergbau AG, an international coal supplier, has announced the expansion of its international coal marketing operations through a new marketing agreement with South African coal miner IchorCoal N.V. This way HMS Bergbau AG continues the existing co-operation with IchorCoal’s majority owned Vunene Mining Pty Ltd and furthermore gains access to IchorCoal’s other mining operations for export and domestic sales outside Eskom. As previously established, coal exports will be handled through the Richards Bay Coal Terminal – the world’s largest coal export terminal.
“The prolongation and extension of the agreement to cover the export marketing of entire IchorCoal group’s mining operations underlines the strength of HMS Bergbau’s position in the international coal market,” said Heinz Schernikau, CEO of HMS Bergbau AG. “I am convinced that the partnership with IchorCoal will continue to be mutually beneficial and satisfying for both parties.”
Adapted from press release by Sam Dodson