Richards Bay coal terminal sets ‘realistic’ export target
Richards Bay Coal Terminal puts this year’s likely export volume at 50Mt — much lower than what Transnet is promising to deliver
28 January 2024 - 06:32
Richards Bay Coal Terminal (RBCT), which ships coal from South Africa’s largest producers including Thungela Resources, Exxaro and Sasol, has set a “realistic” export target after 2023’s volumes fell to the lowest level in 31 years.
RBCT said on Thursday it is set to export 50Mt this year, even though Transnet Freight Rail (TFR) has separately forecast it will deliver 60Mt to the terminal. ..
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