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Coal 2014: A review of South Africa's coal sector (PDF Report)
South Africa’s coal mining industry earned the country R101.3-billion in 2013, with 51.1% comprising export revenue and 48.9% local sales, mostly to State-owned utility Eskom’s coal-fired power stations, which generate more than 90% of the country’s electricity. The coal mining sector’s 2014 revenue is forecast to slide to R99.5-billion or less as coal prices decline, languishing below $70/t in August 2014 – a four-year low.
Creamer Media’s Coal 2014 report examines South Africa’s coal industry amid the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the market, as well as various issues affecting the sector such as industrial action, skills shortages, health and safety, and environmental considerations.
Creamer Media's reports draw from material published over the past 12 months and are a summary of other sources of information published in Engineering News and Mining Weekly, as well as of information available in the public domain. This report does not purport to provide an analysis of market trends.
Published on: 21 November 2014.
