September 08, 2008

India a golden child for SA coal exports

Mr Donovan Raj shipping coordinator of Richards Bay Coal Terminal in South Africa recently said that its coal sales to India this year may be rise by another 2 million tonnes from 7.3 million tonnes it exported to India during January to October 2007 period, up by 72% YoY. He said that "India is the golden child at the moment."

Mr Kuseni Dlamini CEO of RBCT aid that it’s shipping potential will expand to 91 million tonnes per year by the first half of 2009 from 72 million tons now. He added that "That is a market the world is looking at."