S.Africa’s Richards Bay exports up 10% in 2024 amid rail improvement
Coal exports from South Africa's Richards Bay rose to 52.08 million tonnes in 2024, the highest in three years.
Xstrata and Chugoku Electric have settled an annual coal contract for the Japanese fiscal year starting April 1 at a record level of around $130 per tonne, over 30 percent higher than last year’s contract, sources told Reuters on Friday.
