Eskom's future still fueled by coal as Exxaro deal extends supply

Eskom's future still fueled by coal as Exxaro deal extends supply

Eskom has entrenched its dependency on coal, signing a new long-term supply deal with Exxaro Resources that will keep Matla Power Station burning coal until at least 2043. The agreement with Exxaro underscores how coal remains the backbone of South Africa’s baseload generation, cementing fossil fuel’s role in the country’s energy mix even as the country pledges a rapid transition to renewables. ‘Critical mineral’ In February 2026, Minerals Resou…

Exxaro and Eskom sign a long-term supply agreement for Matla Power Station

Exxaro Resources and Eskom Holdings SOC Ltd. signed a new long-term Coal Supply Agreement (CSA) between Exxaro’s Matla Mine and Eskom, securing the continued supply of coal from Exxaro’s Matla Mine to the Matla Power Station and reinforcing a strategic partnership that has supported South Africa’s electricity generation for more than four decades. Matla Mine …

Exxaro concludes 9.3mt coal sale with Eskom

EXXARO Resources said on Thursday it had signed an agreement with Eskom, South Africa’s power utility, to supply 9.3 million tons of coal a year to Matla power station, near Kriel in Mpumalanga province. Supply will be from Exxaro’s Matla Colliery which has also secured new mining and water use licences with the South African government. The colliery recently completed a R5.2bn expansion which was financed by Eskom. In terms of this long-standin…