South Africa has identified more than R60 billion of investments needed to help communities in the coal-mining Mpumalanga province.

The terminal saw an average of 18 trains a day in 2022, against a capacity of 32 a day.

The utility’s previous attempts to renegotiate the deal with Exxaro Resources were rejected by the mining company.

Steel production accounts for about 7% of the world’s carbon emissions.

The miner said last week it had received enquires for long-term supply as Beijing lifted its ban.

Steel manufacturers should work with coal producers to curb methane leaks from mines to reduce the overall warming impact from making the alloy, according to report.

In its quarterly report, South32 met coal, aluminum, and copper forecasts and slightly exceeded analyst estimates for manganese ore production.

It’s the first time this winter National Grid Plc has needed to call on the reserve.