Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super ...

Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated R140-billion in lost revenue for those two commodities alone, iron-ore miner Kumba Iron Ore CEO Mpumi Zikalala has said. “Just imagine how much more value could have been created for all our multiple stakeholders and what we can do if we can produce and rail at full capacity when prices are high,” she said on the second day of the South African Heavy Haul Association (SAHHA) conference, on August 28, in Johannesburg.