Double trouble for South Africa’s Transnet
NewsThe volume of mining commodities handled by Transnet has fallen from 181.1 Mt in financial year 2020-21 to 149.5 Mt in 2022-23, with coal particularly affected.
Logistics group Grindrod has announced that it is to sell a 35% interest its Maputo coal terminal concession to energy trading company Vitol Group for US$67.7M.
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