Bad weather and falling demand put a damper on coal exports
After missing its target in 2019, Richards Bay Coal Terminal faces more stranded capacity
Exports out of SA’s main coal terminal have declined for the second year running to the lowest level in five years, as weather events and the energy transitions of major export customers affected operations.
Richards Bay Coal Terminal (RBCT) chair Nosipho Siwisa-Damasane said recently the past year had been tough, with coal exports dropping 2% to 72.15-million tons in 2019, well below the targeted 77-million tons...
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