Coal news and updates

HMS Bergbau extends marketing tie-up with IchorCoal

February 4: HMS Bergbau AG, an international coal supplier with operating know-how of coal mining, transport and trade, on February 4, announced an extension of its international coal marketing operations through a new marketing agreement with South African coal miner IchorCoal NV.

Through the extension, HMS Bergbau continues the existing cooperation with IchorCoal’s majority-owned Vunene Mining Pty Ltd and also gains access to IchorCoal’s other mining operations for export and domestic sales outside Eskom.

As established in the prior cooperation, exports will be handled through the Richards Bay Coal Terminal (RBCT) – the world’s largest coal export terminal.

“The prolongation and extension of the agreement to cover export marketing of the entire IchorCoal Group’s mining operations underlines the strength of HMS Bergbau’s position in the international coal market,” said Heinz Schernikau, CEO, HMS Bergbau AG.