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RBCT expansion to be completed this month

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at Richards Bay
Johannesburg, South Africa — MININGREVIEW.COM — 16 April 2010 – The Richards Bay Coal Terminal “’ site of Africa’s largest export terminal “’ says it expects to complete its R1.2 billion expansion project this month, increasing its capacity to 91 million metric tonnes a year.

“The terminal expects to export 65 million tonnes this year,” said RBCT chief executive officer Raymond Chirwa in a telephone interview with Bloomberg News from here. “All additional tonnage from the expansion has been taken up,” he added. Richards Bay currently has export , chief executive officer of RBCT, said , chief executive officer of RBCT, said capacity of 72 million tonnes.

South Dunes Coal Terminal “’ whose shareholders include Exxaro Resources Limited, Eskom Enterprises and Anchor Coal Limited “’ signed an allocation agreement for 6 million tonnes in the expanded terminal,” company CEO Trevor McGiddy, revealed.

Richards Bay is Europe’s biggest source of coal burned for power, and is owned by various coal producers, among them BHP Billiton Limited, Anglo American plc and Xstrata plc.