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Extended export business through new marketing agreement with IchorCoal N.V.

News from February 04, 2015

  • Coal from IchorCoal Group mines marketed
  • Delivery handled through Richards Bay Coal Terminal

Berlin, 4. February 2015: HMS Bergbau AG, an international coal supplier with operating know-how of coal mining, transport and trade, announces the expansion of its international coal marketing operations through a new marketing agreement with South African coal miner IchorCoal N.V. This way HMS Bergbau AG continues the existing cooperation with IchorCoal’s majority owned Vunene Mining Pty. Ltd and furthermore gains access to IchorCoal’s other mining opera-tions for export and domestic sales outside Eskom. As established in the prior cooperation export 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 the export marketing of entire IchorCoal group’s mining operations underlines the strength of HMS Bergbau’s position in the international coal market,” said Heinz Schernikau, CEO of HMS Bergbau AG. “I am convinced that the partnership with IchorCoal will continue to be mutually beneficial and satisfying for both parties.”