While coal is its core business, the company aims to diversify its minerals portfolio and geographic reachE&T Minerals COO Daniel Eyre and CEO Emmanueal Ngulube. Picture: SUPPLIED
During the recent state of the nation address, President Cyril Ramaphosa announced the restructuring of the Transnet Freight Rail by creating a separate infrastructure manager for the rail network. E&T Minerals welcomes this move as it will have a positive effect on business processes which will bolster its pit-to-port solutions.
E&T Minerals COO Daniel Eyre and CEO Emmanuel Ngulube discuss key points from the recent 2023 Africa Mining indaba and solutions suggested to remedy Africa's renewable energy challenges. An efficient logistics chain is key to meeting customer requirements. Unfortunately, the underperformance of Transnet’s ports and rail network has resulted in huge opportunity costs for the SA minerals industry in recent years. Though the company is forced to truck coal when it is impossible to rail it, E&T’s preference is to use rail because of its efficiency.
E&T is targeting economies of scale. Its goal is to own 14% of SA’s total pit-to-port value chain. The company is acquiring its own mine that will ensure maximum productivity and create employment opportunities for the local community.
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