SA still considering price, export controls on coal
PERTH (miningweekly.com) – The South African government has not ruled out imposing price or export controls on coal, should it be classified a strategic resource.
Mineral Resources Minister Susan Shabangu on Tuesday reiterated comments made at a conference earlier this year in Cape Town that the government was considering coal as a strategic mineral, as the country battled an ongoing energy crisis.
“We can’t be a government that is a lame duck - realising that as a country our own space is threatened and not be able to clearly define that space,” she said on the sidelines of the Africa Downunder conference, in Perth.
“One of the biggest problems coming out of winter was load shedding, and how we managed that. We are a country endowed with coal. How can our economy be threatened by load shedding? That is unfair, and as a government we have the responsibility to balance the exports and domestic needs.”
Shabangu said that while price control or export controls could not be ruled out at this stage, the government was not near announcing a decision yet.
“As a country, we have now started to define our coal space and will look at moderating that space, what the local needs are and measure those against international exports.”
She said that the government would also look at defining the type of coal and reserves needed to sustain the country’s energy demand, while considering the issue of global warming.
She added that any decisions on either price or export controls would be properly informed, and would take into account all the relevant issues.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation