South Africa coal, metal exporters to spend billions on rail
Organizations representing firms including Glencore and a unit of Anglo American are negotiating the terms of the pacts with Transnet.
Australia’s devastating floods could remove 5 percent or more of steelmaking coal from world markets, a major bank estimated on Wednesday, as signs emerged that damage and disruption to coal infrastructure continued to spread with the floodwaters. Read the story in Business Report:
