Eskom coal-supply crisis on the horizon

Business Day Live | 31 January 2013.

ESKOM’s coal supply could be depleted by 2016 unless new mining projects come on stream, an IHS McCloskey coal conference in Cape Town heard on Wednesday.

South Africa is one of the world’s largest suppliers of thermal coal, but most of the product is exported to Europe and fast-growing markets in Asia, mainly China and India.

Most of the coal reserves are in the Waterberg region in Limpopo, but in light of extensive infrastructure backlogs there, companies are reluctant to begin new mining projects because of the high costs involved…

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