JOHANNESBURG (miningweekly.com) – JSE- and ASX-listed Coal of Africa Limited (CoAL) would resume coal exports in May, following the reopening of the Matola rail corridor, which was closed owing to a derailment in February.
Transnet Freight Rail had indicated that the rail line would be reopened on April 19, but track repairs along the line would continue while it was operational.
The force majeure declared by CoAL in February would remain in effect until the rail system had reached its normal operating capacity. The company would still determine the full impact of the force majeure.
The coal miner noted that production at its Mooiplaats and Woestalleen operations were marginally impacted on by the derailment with 100% of the Mooiplaats thermal product channelled to the domestic market.
The Woestalleen export product had been stockpiled to enable immediate supply subsequent to the reopening of the line.