Global demand for coal is bringing mayhem to Komatipoort | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

An often impenetrable logjam of trucks laden with coal at South Africa’s crossing with Mozambique has brought chaos to a sleepy border town. | News24_Business

is crumbling. Volumes transported on its network have declined by nearly a third over the past five years because of issues that include poor management and idle locomotives, cable theft and aging tracks. Miners have no choice but to use trucks to cash in on record demand.

South Africa’s coal industry is the world’s fifth largest. In all, about 15 million tons of coal last year arrived at ports by road and another 50 million tons by train, earning its miners R227 billion after prices reached a record high of $450 per ton. That boosted South Africa’s economy – and for the first time, coal came close to rivalling platinum as the country’s most valuable export.

"It’s more costly and it affects the roads. It creates accidents. It’s bad for the country," said Vuslat Bayoglu, managing director at coal miner Menar, of using trucks at a conference in July. Coal producers are funding security operations for the rail lines and are eager for private companies to be allowed to run their own trains.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 4. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว