Future of coal industry in SA is bright – Minerals Council SA

‘The coal sector remains key to the country’s development and industrialisation,’ Minerals Council spokesperson Charmaine Russell said.

According to Business Day newspaper this week, Anglo CEO Mark Cutifani said the company’s thermal coal future was limited, with a strategy on its future coal operations due in the next year. “At the outset, let me indicate that we do not comment on the activities of particular companies,” said Russell.

“Currently, the coal sector remains key to the country’s development and industrialisation and South Africa has sizable world-class reserves. More than 80% of SA’s energy is directly sourced from coal and coal is still among the cheapest energy carriers, even after incorporating clean coal technologies.”

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