South Africa is a major thermal & met coal exporter- inc. to the EU (which, until 24.2.22, obtained c. 70% of its coal from Russia- but has now banned Russian coal)
If violence continues at its coal mines for a protracted period, this may affect coal prices. Russia is no longer an option for the EU & UK- & the northern cold winter is fast approaching (The autumn has been unseasonably mild, up to now).."South Africa’s Transnet SOC Ltd. said extortion and violent acts significantly disrupted efforts to clear a train derailment on a coal export line as the country increasingly sends more of the fuel to Europe.
The state-owned company has declared force majeure on the North Corridor route that runs to the Richards Bay Coal Terminal. After the derailment occurred on Nov. 8, the company planned to meet with community leaders to diffuse tensions with what it described as disgruntled parties seeking business opportunities".
Instead, a group known as the Ulundi Business Forum demanded contracts, the company said in a statement late Friday. “Transnet rejected this demand and the Forum resorted to violence, which included assault, blocking access roads and the discharging of a firearm,” it said. “Transnet condemns these acts and will be laying charges of violence, tampering with essential infrastructure and extortion.”
https://www.mining.com/web/south-african-efforts-to-clear-coal-railway-derailment-disrupted-by-violence/
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