How much coal does South Africa have?

How much coal does South Africa have left?

South Africa’s coal reserves are estimated at 53 billion tonnes, and with our present production rate there should be almost 200 years of coal supply left.

Does South Africa have a lot of coal?

South Africa produces in excess of 255 million tonnes of coal (2011 estimate) and consumes almost three-quarters of that domestically. … Around 77% of South Africa’s energy needs are directly derived from coal. South Africa is the 5th largest exporter of coal in the world, with 30% consumed overseas.

How much is coal in South Africa?

Coal, South African export price Monthly Price – US Dollars per Metric Ton

Month Price Change
Oct 2019 67.44 9.89 %
Nov 2019 73.62 9.16 %
Dec 2019 76.03 3.27 %
Jan 2020 82.09 7.97 %

How much coal does Africa have?

South Africa produces over 250 million tonnes of coal every year. It is estimated that almost 75% of this coal is used domestically.

Where does South Africa get its coal?

The majority of coal comes from the Witbank and Highveld coalfields, which together account for about 75% of South Africa’s production.

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What is the most important use of coal in South Africa?

South Africa’s indigenous energy resource base is dominated by coal. Internationally, coal is the most widely used primary fuel, accounting for about 36 percent of the total fuel consumption of the world’s electricity production. About 77 percent of South Africa’s primary energy needs are provided by coal.

Who owns coal in South Africa?

7.1.

South Africa’s coal production is dominated by five mining companies: Anglo American Thermal Coal, Exxaro Resources, Sasol Mining, BHP Billiton Energy Coal South Africa (Becsa) and Xstrata. Together, these companies account for over 80 percent of the country’s yearly saleable coal production.

What is the coal price today?

Energy

Name Price Unit
Coal 243.00 USD per Ton
RBOB Gasoline 2.39 USD per Gallone
Uranium 40.20 USD per 250 Pfund U308
Oil (Brent) 83.35 USD per Barrel

What is the cost of coal per kg?

Prices of Grade 6 coal, with GCV between 5,500 and 5,800 Kcal per Kg, were increased 10.3% from Rs 1,450 per tonne to Rs 1,600 per tonne. The lower grade coal is primarily used by power generation companies.