{"id":51148,"date":"2016-01-19T11:23:31","date_gmt":"2016-01-19T11:23:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=51148"},"modified":"2016-01-19T11:23:31","modified_gmt":"2016-01-19T11:23:31","slug":"strong-india-africa-demand-lifts-south-africa-2015-coal-exports","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/strong-india-africa-demand-lifts-south-africa-2015-coal-exports\/","title":{"rendered":"Strong India, Africa demand lifts South Africa 2015 coal exports"},"content":{"rendered":"<p> Coal exports from South Africa&#8217;s Richards Bay Coal Terminal (RBTC) rose by 5.7 percent to 75.4 million tonnes in 2015 helped by demand in Africa and India. <\/p>\n<p>Africa&#8217;s largest coal export facility, a major supplier to Europe and Asia, RBCT had set a target of 75 million tonnes and aims for similar results in 2016. <\/p>\n<p>&#8220;Its going to be hard to beat 75 million tonnes, because of where prices are sitting this year,&#8221; Chief Executive Nosipho Siwisa-Damasane told a news conference. <\/p>\n<p>Shipments to Africa and India rose sharply, offsetting a fall in demand from Europe and from China, where RBTC said it did not send a single vessel in 2015. <\/p>\n<p>Coal prices have tumbled in recent years due to a glut of supply and weaker demand growth, pushing some producers to curtail activity, sell or shut coal mines. <\/p>\n<p>RBCT, which moves the commodity on behalf of producers and shareholders such as Exxaro and Anglo American, said it had shelved expansions plans due to weak prices. <\/p>\n<p>RBTC had planned to increase its capacity to 110 million tonnes from 91 million tonnes. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal exports from South Africa&#8217;s Richards Bay Coal Terminal (RBTC) rose by 5.7 percent to 75.4 million tonnes in 2015 helped by demand in Africa and India. Africa&#8217;s largest coal export facility, a major supplier to Europe and Asia, RBCT had set a target of 75 million tonnes and aims for similar results in 2016. &#8220;Its going to be hard to beat 75 million tonnes, because of where prices are sitting this year,&#8221; Chief Executive Nosipho Siwisa-Damasane told a news conference. Shipments to Africa and India rose sharply, offsetting a fall in demand from Europe and from China, where RBTC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[131],"tags":[],"class_list":["post-51148","post","type-post","status-publish","format-standard","hentry","category-coal"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/51148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=51148"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/51148\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=51148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=51148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=51148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}