Richards Bay's coal exports dwindle to early 1990s levels as rail woes mount

Richards Bay Coal Terminal (RBCT) last year had its lowest exports in over three decades as Transnet's railing troubles continue, falling another 5% from an also dismal 2022.

SA's largest coal export terminal only passed through 47.21 million tonnes in 2023, about half its capacity and even lower than what was shipped in 1992.

The terminal, which is owned by SA's largest coal producers, has been through a number of expansions in recent years, growing to 53 million tonnes in 1991, from 44 million. Currently, it's capable of a theoretical 91 million tonnes, or 32 trains per day, and it's now hoped that close cooperation with Transnet will ensure 60 million tonnes move in 2024.