COAL TO MATOLA
Posted on 05 October 2009
Coal mining group Coal of Africa (CoA), listed in London, Australia and on the Johannesburg Stock Exchange and owner of mines at Mooiplaats, Vele and Makhado in South Africa, is reportedly negotiating with parastatal Transnet Freight Rail (TFR) with the aim of increasing rail access to the Matola terminal in Maputo, Mozambique. The objective is to match additional port exporting capacity that CoA has already secured from Grindrod, the Matola port operator. A public-private partnership is believed to be on the cards.
The company’s current export capacity through Matola is of the order of a million tonnes annually. This is expected to rise to 3mtpa before the end of 2010, with potential to reach 13mtpa at a later stage, following an additional 10mtpa expansion capacity envisaged by way of a planned new dedicated coal export terminal.
Related posts:
- Green light for Transnet’s Ngqura rail operation
- ETHIOPIAN DERAILMENTS
- UK’S FREIGHT FAST
- QUEENSLAND RAIL EXPANSION FOR COAL EXPORTS
Hi
AS i am a start upper and my passion in transport business i will like to become involove in truck transport to supply goal in mining sector to become a contractor in mining sectors.
i will like to be given a chance as a women in truck contract.
contact number : 072 998 5059
Coal of Africa (Coa) apparently has an even more clever abbreviation:
Coal of Africa Limited (CoAL)!