Richards Bay coal exports soar as Transnet’s recovery plan bears fruit
Logistical and infrastructure upgrades, as well as healthy demand from Asia, played a key role in coal exports from South Africa’s Richards Bay Coal Terminal rising for the first time in nearly a decade, as operator Transnet’s turnaround strategy starts yielding results, market participants said this week. The Richards Bay Coal Terminal exported 52.1 million mt in 2024, up from 47.2 million mt a year ago and the highest since 58.7 million mt in 2021, according to the latest presentation by the terminal. Additionally, RBCT expects coal volumes to reach ...
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