Page 7 - AfrElec Week 24 2022
P. 7

AfrElec                                           COAL                                               AfrElec


       SA coal exports to Europe in





       January-May 40% higher than in





       whole of 2021






        SOUTH AFRICA     SOUTH Africa’s coal exports to European coun-  Japan, a non-EU country which has also said
                         tries in the first five months of 2022 were 40%  it would ban Russian coal imports, received
                         higher than in the whole of 2021, according to  388,249 tonnes from RBCT between January
                         Reuters.                             and May, nearly double last year’s total.
                           Citing data from the country’s Richards Bay   China, the third biggest importer of coal
                         Coal Terminal (RBCT), the global news agency  from RBCT in 2021 with 6.09mn tonnes, did not
                         reported on Wednesday (June 15) that South  receive any coal from the terminal this year, the
                         Africa had exported 22mn tonnes of coal in Jan-  figures indicate.
                         uary-May 2022.  Of that amount, 3.2mn tonnes   Instead of taking South African deliveries,
                         – or 15% of RBCT’s overall exports – had gone  Beijing seems to have been relying on Russia.
                         to Europe, compared with 2.3mn tonnes (4%) in  According to CNN, which cited business data
                         all of 2021.                         provider Refinitiv on May 20, Chinese imports
                           From the second week of August, the Euro-  of the fuel from Russia nearly doubled between
                         pean Union (EU) will stop importing coal from  March and April, reaching 4.42mn tonnes.
                         Russia, as part of the bloc’s package of sanctions   The growing EU appetite for South African
                         against Moscow for its invasion of Ukraine on  coal comes despite the challenges that RBCT and
                         February 24.                         national logistics agency Transnet are facing in
                           The Netherlands, Italy, France, Spain, Den-  moving bulk cargoes.
                         mark, Poland, Germany, and Ukraine have   The Mineral Council of South Africa said in
                         received coal from RBCT so far this year. Some  a June 10 press release that these problems could
                         of them only began importing from RBCT after  hamper the industry’s potential to capitalise on
                         Russia invaded Ukraine.              the EU’s shift away from imports of Russian
                           The Netherlands received no coal from RBCT  commodities.
                         in January or February, but imported 1.27mn   Thermal coal export tonnages were  8%
                         tonnes from the terminal in March, April and  higher between January and April 2022 than the
                         May, with volumes increasing each month. It  same period in 2021.
                         was the fourth biggest recipient of RBCT coal,   “The rail and port logistics bottlenecks are
                         accounting for 5.76% of total volumes.  having a big impact on South Africa’s mineral
                           Comparing January-May 2022 with the  exports,” said Henk Langenhoven, the Council’s
                         whole of 2021, France’s coal imports from RBCT  chief economist.
                         rose almost seven-fold, from just 68,005 tonnes   “This worrying trend, which shows no signs
                         to 464,432 tonnes.                   of slowing or reversing, underscores the urgency
                           Spain, Poland and Germany did not import  for high-level intervention on the rail network
                         any coal from RBCT last year.  However, over  and our ports to stabilise them, return them to
                         the first five months of this year, Spain imported  productivity and meet design capacity.”™
                         355,250 tonnes, Poland 181,515 tonnes and Ger-
                         many 157,383 tonnes.






















       Week 24  16•June•2022                    www. NEWSBASE .com                                              P7
   2   3   4   5   6   7   8   9   10   11   12