R/€ = 17.9753 Change: 0.4296
R/$ = 17.2528 Change: 0.2513
Au 1768.35 $/oz Change: 18.55
Pt 1041.50 $/oz Change: 35.50


Namibia plans railway revamp to boost regional coal exports

By: Reuters     25th November 2022 Namibia's state-owned railway company TransNamib plans to shift coal exports from Botswana off the road and onto rail by early next year, potentially doubling exports via Walvis Bay port, its CEO said. Land-locked Botswana has sought alternative routes to export its coal as disruption to South... 

Company supplies innovative products to sector

By: Cameron Mackay     25th November 2022 The prevalence of build projects for new warehouses, distribution centres and other logistics infrastructure has provided local steel supplier Macsteel with opportunities to supply its innovative products for steel construction and cladding projects. Some of these products include Novotexi and... 

Hydrogen training centre opens in Brisbane

By: Esmarie Iannucci     16th November 2022 Australia’s first Hydrogen Centre of Excellence has opened in Brisbane. Premier Annastacia Palaszczuk opened the A$20-million vocational training centre in Beenleigh on Wednesday, in partnership with the Plumbing Industry Climate Action Centre (PICAC).  

Counterfeit bearings prominent in local industry

By: Sabrina Jardim     11th November 2022 The use of counterfeit bearings has become increasingly prevalent in the local bearings industry, which can increase downtime, create consequential damage and reduce life span and safety, says bearings and power transmission supplier Bearings International (BI) product manager Andrew Altree.... 

Hydrogen set to play key role in hard-to-abate transport sectors

By: Schalk Burger     11th November 2022 Green hydrogen’s value lies in decarbonising difficult-to-abate sectors, such as heavy vehicle mobility and industrial processes, and heavy vehicle transport is seen as a lead market, owing to the relatively high price of diesel and the carbon limits that are being imposed in various... 

Empty iron-ore ships switch to coal to survive China's slump

By: Bloomberg     10th November 2022 Cargo ships suffering from weak Chinese demand for iron-ore are finding a more lucrative alternative as the global energy crisis spurs a greater need for coal. Miners and traders are slashing shipments of iron ore, the second-most widely traded seaborne commodity, and re-assigning their bulk... 

Rio updates agreement with the Yindjibarndi people

By: Esmarie Iannucci     10th November 2022 Major Rio Tinto has signed an updated agreement with the Yindjibarndi Aboriginal Corporation (YAC) aimed at strengthening ties and delivering improved social and economic outcomes for the Yindjibarndi people. The updated agreement is part of Rio’s commitment to modernise its relationships with... 

TFR starts ten-day ore corridor maintenance programme

By: Schalk Burger     9th November 2022 State-owned Transnet Freight Rail (TFR) on November 8 started its ten-day maintenance across electrical, perway and technical support on the 861 km Ore Corridor, from Sishen in the Northern Cape to the Port of Saldanha in the Western Cape. The maintenance work will involve replacing old and... 

Heavy-duty seal provides savings for miner

By: Nadine Ramdass     4th November 2022 Mechanical seals and support system specialist AESSEAL is upgrading 14 pumps for a mining company based in Namibia. The upgrade will include installing AESSEAL’s CDPH heavy-duty double slurry mechanical seals, SW2 a water management system and fluid distribution unit (FDU) for the pumps in a... 

Transnet strike deprived South Africa of opportunity to move R65.3bn worth of goods

By: Irma Venter     4th November 2022 South Africa lost the opportunity to move R65.3-billion worth of goods during the recent 11 days of industrial action at the country’s ports, says South African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree. “Some of that will possibly move later, but the rest is gone – and gone... 

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