Transnet, Swaziland Agree Rail Link to Increase Coal Volumes
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Transnet SOC Ltd., the South African state-owned port and rail-freight operator, and Swaziland Rail agreed to build a line through the kingdom that will free up capacity to carry coal to Richards Bay.
“The first train will run in three years’ time,” Transnet Chief Executive Officer Brian Molefe said in Johannesburg today. The link will create additional capacity of 15 million metric tons annually to Richards Bay Coal Terminal, Africa’s largest export facility for the fuel, he said.