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    coal investing

    S.Africa’s Transnet Says Moving RBCT Coal at Record

    Written by Investing News Network
    |
    Oct. 26, 2011 07:22AM PST

    Reuters Africa reported that Transnet is moving coal to the Richards Bay terminal faster than ever before.

    Reuters Africa reported that Transnet is moving coal to the Richards Bay terminal faster than ever before.

    As quoted in the market news:

    Transnet moved 63 million tonnes of coal to RBCT last year, far below the terminal’s capacity of 91 million tonnes, but the logistics firm is investing heavily to raise capacity on the rail line to 81 million tonnes by 2015.

    Click here to read the full Reuters Africa report.

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