Transnet Sees Manganese Railroad Study Completed by February

Bloomberg reported that a feasibility study on a proposed Transnet rail line expansion will be completed by February 2012.

The market news is quoted as saying:

Transnet is seeking to expand capacity on its line to the city of Port Elizabeth, which passes Ngqura, to 12 million metric tons a year from 7 million tons now, Siyabonga Gama, head of the company’s freight-rail business, told reporters at the Tshipi mine in Northern Cape province today.

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