Coal Investing News » South Africa Negative on 2010 Coal Export Goal

South Africa Negative on 2010 Coal Export Goal

May 27, 2010 @ 4:02 pm In Coal Market News

South Africa will not be able to reach its 65 million tonnes of coal exporting expectations for 2010 due to the transport strike that has crippled rail and ports. This is according to the Richards Bay Coal Terminal ^[1](RBCT).

RBCT Chief Executive Raymond Chirwa is quoted saying:

"On average we could be receiving 1.3-1.4 million tonnes per week and we haven't received that so our exports are reducing."

Click here to access the entire news ^[2]

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URLs in this post:

[1] Richards Bay Coal Terminal : http://www.rbct.co.za/

[2] Click here to access the entire news: http://uk.reuters.com/article/idUKWEA396720100527