Richards Bay coal and Congolese cobalt stockpiles have implications for price expectations
A little over a week ago thousands of trucks blocked both sides of the N2 at Richards Bay as Transnet port operators battled to process the backlog of trucks queuing to offload coal cargoes at the coal terminal.
City manager Nkosenye Zulu said there had been a “huge upswing” in the number of heavy vehicles, leading to disruptive congestion on local roads...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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