SMM4, March 7: it is reported that after amending disaster regulations, South Africa's Transnet will resume exports of coal and iron ore. Transnet said that after amending the disaster Management regulations, coal and iron ore exports will resume through Richards Bay. The amendment was approved by the Ministry of Cooperative Management and traditional Affairs on April 2, Transnet said in a statement.
The company stated that, in addition to the list of goods and services declared essential, the Government had revised and exempted certain goods and services, which were critical to the health and revitalization of the national economy in the aftermath of the crisis. As a result, it has now been officially declared that the transport (including handling) of all goods from the port of entry to its intended destination is no longer prohibited. This means that Transnet will adjust many of its operations, subject to the approval of various departments, including the Ministry of Mineral Resources and Energy.
Operations that will be allowed to take place include heavy transport railways and port export systems from the Northern Cape Province to the port of Saldania, as well as domestic and export coal and other general freight cargo through the port of (Richards Bay) in Richards Bay. In these unknown times, Transnet requires that customers take all necessary steps to protect Transnet employees when interacting with customer operations.
African rainbow mining company said on Thursday that during the 21-day blockade ordered by the government, iron ore would be exported at 40% of the normal capacity of stocks to reduce the spread of the deadly epidemic. In its latest situation, the group said that although its iron ore and manganese, platinum group metals and nickel mines had been maintained and maintained, iron ore exports were now allowed. The final results show that its iron ore and manganese subsidiary Assmang was authorized to operate unloading stations at the Khumani and Beeshoek mines in order to continue to load iron ore from the respective stocks of the mines.
Transnet, the state-owned freight and logistics company, has restarted its rail and port export system from Northern Cape to Saldanha, which ARM said will support about 40 per cent of normal iron ore sales in the week beginning March 30. Transnet plans to increase capacity for the rest of the lock period. The iron ore business has enough inventory to load for the rest of the lock-up period.
(Exxaro Resources), the Exarro resources company, announced last month that it would continue to deliver coal to Escom (Eskom), another basic service, but it would also seek to export coal where possible, especially because foreign exchange is crucial to the country. Earlier, Anglo American announced on March 27th that the Sishen and Kolomela iron ore mines owned by the British group-controlled Kumba Iron Ore Company would continue to operate at 50 per cent of the total labour force.
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