Strategic Natural Resources leases containers to ship South African coal

Strategic Natural Resources' (SNR) subsidiary, Elitheni Coal, has agreed a container finance leasing agreement with Thelo Rolling Stock Leasing to help ship coal from its mine in the Eastern Cape of South Africa.

Strategic Natural Resources' (SNR) subsidiary, Elitheni Coal, has agreed a container finance leasing agreement with Thelo Rolling Stock Leasing to help ship coal from its mine in the Eastern Cape of South Africa.

Under the terms of the lease agreement, which is for an initial term of six years, Thelo will make available to Elitheni (which is 74% owned by SNR) up to 1,500 steel rolling stock containers to ship coal from the Elitheni Mine in the Eastern Cape of South Africa.

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