Thungela piles up profits but loses opportunities because of rail bottlenecks
State-owned rail operator’s troubles resulted in a huge missed opportunity for SA coal miners
22 March 2022 - 10:48
UPDATED 22 March 2022 - 23:00
The huge cost to SA’s coal miners of the challenges plaguing operations at Transnet Freight Rail is becoming clearer.
At a time when global coal prices soared to record highs, SA’s coal mining companies were forced to hold back on production as dysfunction at the state-owned rail operator created bottlenecks that let coal stockpiles grow...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.