Why SA’s Chinese coal export ambitions are a fantasy
A diplomatic spat has opened a gap for coal supply to China, but SA is unlikely to be the right producer to fill it
29 January 2021 - 15:17
There is an awful lot of enthusiasm in the SA coal market about a new export opportunity. That is, for the first time since 2014, when local coal was last shipped to China.
At a recent annual results presentation by the Richards Bay Coal Terminal (RBCT), much had changed in terms of the markets that SA exported about 70-million tonnes of coal to in 2020. A little bit went to Turkey, Kenya, Mauritius and the Netherlands, but an overwhelming 92% went to India and Pakistan...
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