Wednesday 30 July 2014

Coal Mining in South Africa to 2020, New Report Launched

Coal Mining in South Africa to 2020

Coal is South Africa’s primary energy source, a major stimulus to its economic growth, and played a significant role in the country’s industrialization. It provides 88% of the country’s commercial energy needs and plays a vital role in meeting liquid-fuel requirements. According to Energy Information Administration (EIA), Bituminous coal production accounted for 99% of the nation’s total coal production in 2013, and 40% of the bituminous used in electricity generation.

The 'Coal Mining in South Africa to 2020' report comprehensively covers the country’s historical and forecast data on coal production (by grade), reserves, consumption by type and trade by type to 2020. The trade section provides information on export volumes to destination countries, as well as imports.

Key Highlights
  • According to EIA, South Africa is home to the world's ninth-largest recoverable coal reserves and held 95% of Africa's total coal reserves at the end of 2012. Most of South Africa’s coal production is sourced in Mpumalanga province. 
  • South Africa in 2013 exported around 28% of total coal produced in the year, the majority of which went to the Asia-Pacific region and Europe. 
  • The South African government has committed to improve infrastructure facilities through the National Infrastructure Development Plan (NDP) with the objective of strengthening coal exports.
  • Upcoming coal-fired power projects scheduled for commencement are likely to provide some relief to the country’s electricity crisis. Kusile power station located in Mpumalanga province with capacity of 4,800MW and Medupi power station located in Limpopo province with capacity of 4,764MW are the two main projects scheduled for operation in 2014.

The report contains an overview of South Africa’s coal mining industry together with the key growth factors and restraints affecting the industry. Further, it provides information about reserves, production, prices, consumption, trade, competitive landscape and major active, exploration and development projects. Also included is the country's fiscal regime, which includes governing bodies and relevant laws, mining rights and obligations as well as key fiscal terms.

Spanning over 49 pages, 15 Tables and 9 Figures “Coal Mining in South Africa to 2020” report covering Executive Summary, Coal Mining in South Africa, Coal Mining in South Africa – Reserves, Production, Consumption and Trade, Coal Mining in South Africa – Fiscal Regime, Appendix. This report Covered 5 Companies - Anglo American South Africa, BHP Billiton Energy Coal South Africa Ltd, Exxaro Coal (Pty) Ltd, Glencore Coal, Sasol Mining (Pty) Ltd.

Know more about this report at : http://mrr.cm/ZeH

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