Coal news and updates

As Transnet's key freight rail division continues to struggle, mining companies depending on it for transportation bear the brunt of its operational challenges.

 

Exxaro, which transports coal destined for export to the Richards Bay Coal Terminal by rail, said on Thursday that export sales in the first half of the year decreased by 1 821 kilotons (-31%), which it largely attributed to constraints experienced by Transnet Freight Rail (TFR).

 

These challenges ranged from inadequate locomotive availability, increased cases of cable theft, and vandalism of rail infrastructure.

 

 

Source : https://www.news24.com/fin24/companies