Question

write a 4 pages report discussing the evaluation into south african coal export trends through the past25 years. Are the demands being met? guys as soon as possible.....

Answer 1

South africa remains the 5th largest producer and 4th largest exporter of coal in the world. It is also a major supplier to european union. According to Hardnady commercial mining in Africa has started in 1880. 6.98 tonnes of coal was produced between 1885 and 2006. By 2007, there were 73 collieries in south africa, Leading coalfields are Emalahneni and Highveld. Coal reserves in South africa were estimated to be 30408 Mt in 2008. Since 2003, South africa has reduced its coal mines, it led to deplete the mines in Emalahneni, Ermelo e.t.c. Eskom, one of the power production company in South Africa has increased its consumption to meet power demand. This led in the increase of coal prices during that period.

South Africa was the fifth largest exporter of steam coal in the world in 2015.Almost all hard coal exported from South Africa is steam coal, most of which is exported through the Richards Bay Coal Terminal (RBCT), with some minor volumes shipped through Durban or Maputo in Mozambique. The structure of South African exports has changed in last decade. South africa's geographic location can competitively export coal to Atlantic and Pacific basins. In recent years, around 60% of South African
exports were sent for the Pacific basin, compared to previous times in this century, when more
than 80% were sent for the Atlantic basin. Domestic infrastructure constraints have impacted negatively on South Africa’s coal exports over the last decade resulting in exports staying at 60Mt. The phase five expansion of Richard’s Bay Coal Terminal with a total capacity of 91Mt was completed in April 2010 and its operation has been hindered from achieving maximum export output because of limited production of export-grade coal from coal mines

Coal exports grew at an average rate of 2.6% per annum from 68.7Mt in 2006 to 76.9Mt in 2015. Exports declined between 2006 and 2009 due to a decline in exports to the European market following the global financial crisis. 2010, exports recovered by 45% on the back of an increase in demand from the Asian markets , And due to infrastructure bottlenecks, export volumes have on average stagnated at around 75 Mt since 2012

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So this is the evaluation of south african coal exports and its trends.