Coal and manganese mining group Menar MD Vuslat Bayoğlu has pushed back on a request by Energy and Electricity Minister Kgosientsho Ramokgopa’s special adviser Silas Zimu for domestic coal suppliers to State-owned utility Eskom to lower their prices for the next three years in order for the utility to decrease the tariff increases it has applied for. Speaking at nonprofit organisation FFF Carbon’s 2024 Middelburg Coal Conference in Mpumalanga, on October 17, Bayoğlu acknowledged that there was a need for affordable electricity, but said it was impossible for miners to lower coal prices owing to stringent and expensive new mining safety requirements.
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