SA Coal Exports Rise in September
Source: Reuters (10/5/10)
"Exports rose to 5.36 Mt. from 4.16 Mt. in September 2009."
The figure compares with 5 45 million tons shipped in August. Stocks at the terminal stood at 4.3 million tons at the end of September, RBCT said.
South Africa is a major exporter of coal to power stations in Europe and Asia, but state-owned logistics group Transnet has been struggling to transport by rail all the material destined for exports due to bottlenecks on its line.
Transnet has been investing heavily in new and improved infrastructure and has transported by rail a record 6.2 million tons to RBCT in September, but is still far from meeting an expanded annual capacity at the export terminal of 91 million tons.
South Africa exported 61 million tons of coal last year, and Transnet said it could ship up to 65 million tons this year, despite a three-week strike that crippled ports and railways in May.