RAIL COMING TO THE PARTY
Coal exports from South Africa’s private-sector-owned Richards Bay Coal Terminal (RBCT), above, rose to a record 70.2-million tons in 2013, 1.9-million tons more than the 68.3-million tons of 2012, thanks largely to State-owned transport enterprise Transnet railing 70.42-million tons, 2.8% more. Mining companies like Anglo American, GlencoreXstrata, BHP Billiton and black-controlled Exxaro export their coal through the RBCT, which can handle 91-million tons a year, 10-million more than the 81-million-ton-a-year rail line. Transnet is now railing eight 200-wagon trains a day from the coalfields of Mpumalanga, double the previous four, as part of its Shongololo service, which has reduced locomotive cycle times from 58 hours to 41 hours and wagon cycle times from 63 hours to 48 hours. RBCT has plans to expand beyond the 100-million-ton mark.
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