Browsing: Thungela Resources

According to Thungela Resources, a leading South African coal exporter, coal sales from South Africa to Europe rose eight-fold during the first six months of 2022 compared with last year as demand for the fossil fuel surged ahead of a ban on Russian coal.

According to an article by Africa News dated August 16, 2022, European countries, which previously imported 45 per cent of their coal from Russia and have been switching away from expensive natural gas to coal, ahead of the ban, started to source the fossil fuel from other countries. That includes Colombia, Australia, the United States, and South Africa.

  • South Africa’s coal sales to Europe rose eight-fold during the first half of 2022 compared with last year
  • The figures from South Africa’s Richards Bay Coal Terminal (RBCT) showed it delivered 3,240,752 tonnes of coal to European countries by the end-May this year, 15 per cent of RBCT’s