Richards Bay 2012 Coal Terminal Shipments Rise to Six-Year High
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Richard’s Bay Coal Terminal on South Africa’s eastern coast shipped the most fuel in 2012 for six years as U.S. exports pushed down prices while demand held for higher-quality African coal.
Shipments rose 4.3 percent to 68.3 million metric tons, the highest level since 2006, according to Bloomberg calculations based on data published today on the company’s website.