RBCT coal exports decline again

South Africa’s Richards Bay Coal Terminal on Wednesday reported a decline in coal exports for the second consecutive year. The private-sector-owned terminal, which works hand in glove with the State-owned Transnet Freight Rail and Transnet National Ports Authority, exported 72.5-million tonnes (Mt) of coal in 2019, 1.32 Mt short of 2018’s 73.47 Mt, which was itself 4.1% less than 2017’s record coal exportation year.