Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) hit their lowest level since 1993 last year, at 50.35 million tonnes, reflecting a lack of trains to carry coal from mines to port.
South African subsidiary, has been operating far below its annual export capacity of 91 million tonnes of coal.
The terminal, which can only accept coal via train, saw an average of 18 trains a day in 2022, against a capacity of 32 a day. As South Africa's rail service deteriorated, some coal miners last yearRBCT chief executive Alan Waller told a media briefing that a 12-day strike at Transnet in October and a derailment of 97 wagons of a train that blocked the coal line for 10 days in November had stopped the export of an estimated 5 million tonnes from the terminal.
Asia's share of RBCT's coal exports fell in 2022, with 31.7 million tonnes of coal going to the region, down from 50.7 million tonnes the previous year. Some 15.51 million tonnes went to India, down from 24.1 million tonnes in 2021.Our Standards:
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