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.
Aim-listed Strategic Natural Resources (SNR) has signed a coal off-take agreement with global steel supplier and commodity trader Trasteel International for 100% of the beneficiated coal to be mined from SNR’s Elitheni coal mine in the Eastern Cape of South Africa up to an initial 2.0 mt.
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