Coal Mining in South Africa to 2022 - Coal Supply to Strengthen to Support Growing Domestic Demand
South Africa is endowed with abundant natural resources, including gold, silver, diamond, coal, iron ore, and platinum. The country had 9.9 billion tonnes (Bnt) of proven coal reserves at the end of 2016. In 2017, the country’s coal production grew at a marginal rate of 0.6%, as a result of lower production by Anglo American plc, one of the country’s largest coal producers owing to operational difficulties and pit transition at the Khwezela and Mafube mines respectively.
To meet the growing demand from the domestic power sector, the country’s coal production between 2018 and 2022 is expected to grow at a compound annual growth rate (CAGR) of 0.8%, supported by the commencement of various operations including the Mopane, Schoonoord, and Belfast projects.
South Africa was the world’s sixth-largest consumer of coal in 2017. Consumption over the forecast period (2018-2022) is expected to reach 200.4Mt in 2022, owing to an increase in the country’s coal-based electricity generation capacities in the coming years. Consumption by the country’s power sector is expected to reach 127.4Mt by 2022, as the domestic government aims to achieve a 97% electrification rate by 2025 with a combination of on-grid and off-grid electricity generation plants.
Glencoreplc, Anglo American plc, Exxaro Resources Ltd., and South32 Ltd. are the major players in the South African coal industry.
Coal Mining in South Africa to 2022, provides a comprehensive coverage on South African coal industry. It provides historical and forecast data on coal production by type, coal reserves, consumption and exports to 2022.
The report also includes a demand drivers section providing information on factors that are affecting the South African coal industry. It further provides mines and projects count by company by status, profiles of major coal producers, information on the major active, planned and exploration projects. In addition, the report also covers South Africa's mining fiscal regime.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook