Logistics is the lifeblood of mining sector, says Ramaphosa

The original article can be found here.

Article highlights:

  • President Cyril Ramaphosa addressed the investment in African Mining Indaba in Cape Town saying there is a need to stabilise and restore the operational performance of South Africa’s rail lines and ports.
  • He said coal exports through the Richards Bay coal terminal in 2022 decreased by around 50 million tonnes – its worst performance in 30 years.
  • Ramaphosa estimated that infrastructure inefficiencies resulted in a 15% drop in mineral sales.