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Description
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The importance of South African coal to the market is impossible to overestimate. With continual growth expected on the international markets, the puzzling lack of South African expansion in recent years has been the major driving force behind unprecedented world price levels. But whatever the world is counting on from South Africa, the needs of the country’s own power producers have for a ready supply of reliable, local, competitive coal is paramount to its growth and prosperity.
The conundrum is, with all this need, and with 2008’s extraordinary prices, why can’t this coal get to market?
The medium and long-term picture for the South African industry is rosy: rising production from an increasing number of producers; a prosperous Black Empowerment coal sector; new coal frontiers being opened up and new coals arriving on the market.
It’s the journey to this industrial sunlit upland, and it’s the short term, where the challenges lie. How – and when - do the various elements which make up South Africa’s coal chain finally get their act together?
Increasingly it is valid to talk about not just the South African coal industry, but the Southern African coal industry with production starting in Mozambique, continuing in Botswana and revitalising in Zimbabwe, and the talk of new ports on, and rail links to, the Indian and Southern Atlantic Oceans.
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Category
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More details (event webpage):
conf.mccloskeycoal.com
Apply for event:
Link
Event language:
English
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