{"id":6874,"date":"2012-01-09T20:30:45","date_gmt":"2012-01-09T18:30:45","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/update-1-s-africa-2011-richards-bay-coal-exports-rise-3-3\/"},"modified":"2012-01-09T20:30:45","modified_gmt":"2012-01-09T18:30:45","slug":"update-1-s-africa-2011-richards-bay-coal-exports-rise-3-3","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-s-africa-2011-richards-bay-coal-exports-rise-3-3\/","title":{"rendered":"UPDATE 1-S.Africa 2011 Richards Bay coal exports rise 3.3%"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Exports up to 65.5 mln T, still short 91 mln T capacity<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Coal stocks at 3.3 mln T at end Dec<\/p>\n<p> (Adds details, background)<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG<\/span> Jan 9 (Reuters) &#8211; South Africa&#8217;s coal<br \/>\nexports from the Richards Bay terminal rose 3.3 percent to 65.5<br \/>\nmillion tonnes in 2011, the terminal&#8217;s data showed on Monday, as<br \/>\nimprovements on the rail lines leading to the port started to<br \/>\npay off.<\/p>\n<p><span><\/span><\/p>\n<p>State-owned logistics group Transnet has been<br \/>\ninvesting heavily to upgrade its lines and to invest in new<br \/>\nwagons and locomotives, but export figures are still far below<br \/>\nthe coal terminal&#8217;s expanded capacity of 91 million tonnes.<\/p>\n<p><span><\/span><\/p>\n<p>Coal producers in South Africa including Anglo American<br \/>\n, BHP Billiton , Exxaro, Optimum<br \/>\nCoal and Xstrata have been eager to export more<br \/>\ncoal to meet rising demand from India and China but have been<br \/>\nlimited by bottlenecks on the lines leading to the port.<\/p>\n<p><span><\/span><\/p>\n<p>Last week, South Africa&#8217;s coal exporters provided a slightly<br \/>\nlower 2011 export estimate of 64.6 million tonnes, a rise of 1.9<br \/>\npercent.<\/p>\n<p><span><\/span><\/p>\n<p>Transnet has said it will take until at least 2015 to be<br \/>\nable to carry 81 million tonnes to the Richards Bay Coal<br \/>\nTerminal (RBCT) each year.<\/p>\n<p><span><\/span><\/p>\n<p>The group also plans to free up an additional 14 million<br \/>\ntonnes of capacity on the coal line by moving non-coal cargo to<br \/>\na new line via Swaziland.<\/p>\n<p><span><\/span><\/p>\n<p>Coal producers have begun to look beyond South Africa and<br \/>\nexplore export routes via Mozambique and Namibia, although the<br \/>\nrail links or expansion at the relevant ports are still in the<br \/>\nplanning stage or would involve higher costs.<\/p>\n<p><span><\/span><\/p>\n<p>Coal stocks at the terminal stood at 3.3 million tonnes at<br \/>\nthe end of December, RBCT added.<\/p>\n<p><span><\/span><\/p>\n<p>(Reporting by Agnieszka Flak and Olivia Kumwenda, editing by<br \/>\nJane Baird)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Exports up to 65.5 mln T, still short 91 mln T capacity * Coal stocks at 3.3 mln T at end Dec (Adds details, background) JOHANNESBURG Jan 9 (Reuters) &#8211; South Africa&#8217;s coal exports from the Richards Bay terminal rose 3.3 percent to 65.5 million tonnes in 2011, the terminal&#8217;s data showed on Monday, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-6874","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=6874"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6874\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}