The company is confident that the high quality and strategic nature of the RAC anthracite will support premium prices through the commodity cycle and importantly support higher practical yields of marketable product, significantly enhancing project economics.

Highlights of the findings include:

  • RACS’s Gus Seam anthracite confirmed as premium quality.
  • Ideally suited for the production of Ferrochrome.
  • South Africa has the world’s leading ferrochrome industry dominated by Glencore and Samancor.
  • Limited long-term supply of suitable anthracite positions RAC as a strategically important future.