Richards Bay Coal Shipments Increase

Bloomberg reported that coal shipments from South Africa’s Richards Bay terminal were up 7.7% in April over the same period in 2011.

As quoted in the market news:

RBCT, whose owners include BHP Billiton Ltd. (BHP) and Anglo American Plc (AAL), received 5.97 million tons of coal in the month, and had stocks of 3.6 million tons, according to a statement published on its website today. It has capacity to export 91 million tons a year.

Click here to read the full Bloomberg report.