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RBCT has completed its Phase V expansion project

Steel News - Published on Mon, 03 May 2010

Richards Bay Coal Terminal has completed its R1.2 billion Phase V expansion project, pending finalization of some necessary project contractual tasks.

The company said that 91 million tonne terminal would commence operations on Saturday. This announcement cements RBCT\'s position as the single largest export coal terminal in the world.

Mr Raymond Chirwa CEO of RBCT said that South Dunes Coal Terminal had already concluded its agreement with RBCT at the beginning of this month while other contracts with new empowered shareholders had also been signed. Significantly, the integration of all new entrants will enable us to focus on our primary mission of providing a valued link on South Africa\'s coal exports to the benefit of our stakeholders.

He said that while RBCT would be ready to receive coal and operate the terminal at 91 million tons per annum, Transnet Freight Rail which owns and operates the rail lines had yet to ramp up its capacity to meet RBCT\'s targets.

Mr Chirwa said that \"I am confident that Transnet has taken a positive step and is in the process of implementing necessary de bottlenecking rail infrastructure projects in order to meet the export demand required by RBCT exporters in the shortest time.”

He said that with the operational integration and new infrastructural challenges behind us, we can now concentrate on the important job of providing efficient and reliable coal exporting service to the benefit of all.

(Sourced from Times Live)

Posted By : admin on Mon, 03 May 2010
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