Richards Bay Coal
Terminal “’ Phase Five
ready by April
 
Richards Bay, South Africa — MININGREVIEW.COM — 14 December 2009 – The Richards Bay Coal Terminal’s R1.2 billion Phase V expansion will be rolled out from April next year on an existing terminal control computer system.

Making this announcement here, the company said that once completed, the increased capacity was expected to earn South Africa more than R6 billion in foreign exchange revenues. The terminal would increase throughput capacity from 76-million to 91-million tpa, consolidating Richards Bay’s position as the single largest export coal terminal in the world.

RBCT chief executive Raymond Chirwa commented: “RBCT has embarked on technically commissioning Phase V on an upgraded and existing computer system by the end of the first quarter of 2010 at the latest.”

This means the terminal capacity will be 81 million tpa by the end of this month, progressing towards 91 million tpa during the first quarter of next year.

“The Phase V project has delivered on everything except for the new terminal control system with which we have had challenges. We are working on systems integration, which admittedly is taking time,” Chirwa added.

“Coal is one of South Africa’s strategic selling points,” he concluded. “At RBCT we are committed to maintaining this position and playing our part in meeting customer demand in all of our markets.”