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Europe is ravenous for SA coal, and Exxaro is coming up with new ways to export

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European demand for South African coal remains strong.
European demand for South African coal remains strong.
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Despite railing troubles and limited port capacity, Exxaro Resources plans to bolster its coal exports by 24% to help feed Europe's ravenous appetite for South African coal.

The diversified miner, a major coal supplier to Eskom with interests in energy and iron ore, said its ambitions to feed more coal into the global market had been spurred by strong demand from Europe, the likes of which was last seen in 1990.

As an energy supply crunch has gripped Europe, overall coal exports from South Africa to Europe rose from 1.7 million tons in the second half of last year, to 4.5 million tons in the first half of this year, Exxaro said.

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