South Africa's Coal Mining Industry's Comeback Hopes Ride on Waterberg Coal Basin, Says Frost & Sullivan
CAPE TOWN, South Africa, Oct 13 /PRNewswire/ -- The global consumption of coal is expected to increase by 4 per cent per annum between 2010 and 2030 in line with the rising global demand for energy. To boost production, the South African coal mining industry needs to open up new mines in the Waterberg coal basin to replace the depleted mines in the Highveld, Witbank and Ermello coalfields in Mpumalanga.
New analysis from Frost & Sullivan (http://www.chemicals.frost.com), A Strategic Analysis of South Africa's Coal Mining Industry, finds that South Africa's coal production will struggle to meet demand over the next few years. However, despite the environmental and logistical constraints that the South African coal mining industry is facing, coal production is likely to be on the upward trend by 2011 if new mines are opened in the Waterberg coalfield.
