Exxaro and Sasol in coal JV for Fuel Plant

South Africa's Exxaro Resources said it had formed a joint venture with Sasol to build a new coal mine to supply Sasol's proposed 80,000 bpd 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 said the new mine was in the pre-feasibility stage. Should the project proceed, it would require a new coal mine. Exxaro said about 170,000 tonnes of coal will be mined for large-scale testing at Sasol's Secunda synthetic fuels facility.