Below is some think that I found in a article about Transnet,...

Below is some think that I found in a article about Transnet, interesting that Transnet is in talks with several key producers, to sign long-term contracts for the line in Waterberg, also they are looking at a 10 year contract from the coal producers, Transnet is hoping that the deals are in place by June next year, the line being build is expected to be built by 2015 and initially carry around 23-million tons.


Transnet in April launched a R300-billion, seven-year capital expansion programme meant to upgrade its rail and port infrastructure and boost capacity, especially on the lines carrying coal, iron-ore and manganese.

Part of the plan is to build a railway line linking the ports with the Waterberg coal fields, seen as the next major coal hub as reserves in the Witbank area near depletion.

Gama said Transnet was already in talks with several key producers to sign long-term contracts for the line, expected to be built by 2015 and initially carry around 23-million tons.

"On average, we are looking at ten-year contracts," he said.

He expects to have the deals in place by June next year.


http://www.engineeringnews.co.za/article/transnet-moves-78-more-coal-in-h1-2012-10-31