Elders life extension project, South Africa – update
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Name of the Project
Elders life extension project.
Location
Mpumalanga, South Africa.
Project Owner/s
Pure-play producer and exporter of thermal coal Thungela Resources.
Project Description
The Elders mine is expected to produce four-million tonnes of run-of-mine coal a year.
Potential Job Creation
Not disclosed.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Thungela incurred capital expenditure of R1.8-billion until the end of December 2024. A further R29-million was spent in the first six months of 2025.
Planned Start/End Date
Elders delivered first coal in March 2024, and ramp-up activities continue towards steady-state capacity, which is expected in early 2026.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Not disclosed.
Contact Details for Project Information
Thungela Resources, tel +27 11 638 9300.
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