S.Africa, Swazi Junior Coal Miners Eye Own Export Terminal

Reuters reported that a coal consortium is looking at building a steam coal terminal in Mozambique.

As quoted in the market news:

Coal export allocation at ports and on rail lines has been the main challenge for junior coal miners hoping to export their product and supply a growing demand, especially from India. The lack of export infrastructure has also affected the miners’ ability to source funding and offtake agreements for their coal, said Fleur Honeywill, an official at Ecca Mining Group, a junior miner which is representing the consortium.

Click here to read the full Reuters report.