Mining industry 'forfeits benefits' of world boom due to Transnet, Eskom

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Mining industry 'forfeits benefits' of world boom due to Transnet, Eskom
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South Africa’s mineral production hit a new record of R1.18-trillion in 2022 despite continued logistical constraints at Transnet, says mining industry lobby group Minerals Council South Africa.

06 February 2023 - 10:56Worsening constraints in rail and port logistics have seen the mining industry forfeit the benefits of high commodity prices and demand, says Minerals Council South Africa. File photo.South Africa’s mineral production hit a new record of R1.18-trillion in 2022 despite continued logistical constraints at Transnet, mining industry lobby group Minerals Council South Africa said on Monday.

Council CEO Roger Baxter said the new production record highlights the mining industry’s continued contribution to the public purse.

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