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Iron ore price, page-51739

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    Correction. While according, to news reports, the recent train derailment on Sunday 10th March was an iron ore train (and these trains are up to 4 kilometres long and are touted as the longest iron ore trains in the world) and was travelling, fully loaded from Sishen to Saldanha Bay, the collision of 2 Transnet trains on January 14 involved trains carrying coal for a company called Thungela Resources. That derailment, which happened at Richards Bay, on the East coast, took 5 days to clear.

    https://www.dailymaverick.co.za/article/2024-01-21-sas-coal-firms-expect-limited-impact-on-export-after-transnet-train-collision-and-derailment/

    For days, (14-18 January 2024) the coal export line to Richards Bay was closed and export activity largely suspended after two trains collided. (Photo: Supplied)

    There is no indication in the press, as yet, as to where exactly on the 861 k track the iron ore train from Sishen mine derailed, or if partial operation has been restored.

    So the two incidents, occuring some two months apart, were on different lines.

    https://www.morningstar.com/news/dow-jones/202403112881/transnet-suspends-operations-on-south-africas-main-iron-ore-export-line-opis
 
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