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SA coal exports may hit 75Mt supply ceiling, says Exxaro
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SA coal exports may hit 75Mt supply ceiling, says Exxaro
SOUTH Africa’s coal industry may struggle to supply more than about 75 million tonnes a year to the Richards Bay export corridor even if Transnet restores rail capacity above that level, Exxaro Resources CEO Ben Magara said. That could leave extra export capacity for producers such as Exxaro. “I am not convinced the coal industry itself can supply beyond 75Mt, but Exxaro can,” Magara told an analyst presentation on Thursday following the coal mi…
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