Transnet force majeure unlikely to impact South African thermal coal prices

AI Summary

Transnet declared and then lifted a short-lived force majeure after a power failure disrupted South Africa’s Coal Line between Halfgewonnen C and Hamelfontein stations from October 10 to 11. The disruption was reported as unlikely to affect thermal coal prices.

Transnet SOC Ltd., South Africa’s state-owned port and rail freight operator, declared and lifted a short-lived force majeure after a power failure affected the Coal Line section between Halfgewonnen C and Hamelfontein stations from Oct. 10 to Oct. 11, Transnet Freight Rail, a division of Transnet, said in an email response to Platts, part of ...