Tag: Coal

BusinessGovernmentInfrastructure

Transnet Announces Major R127 Billion Infrastructure Modernization Plan

Transnet, South Africa’s state-owned logistics company, has unveiled plans to invest R127-billion in infrastructure modernization over the next five years. The investment will target rail line upgrades and port improvements to address aging infrastructure challenges. Company leadership indicates they will seek market partners and private sector collaboration for funding and implementation.

Major Infrastructure Investment Plan

South Africa’s state-owned freight and logistics company Transnet plans to invest R127-billion over five years on modernizing rail lines and upgrading ports, according to company reports. Chief Executive Michelle Phillips announced the substantial infrastructure investment plan at the South Africa Tomorrow Investor conference, signaling a major push to revitalize the country’s logistics network.

by Henry Blakemore
EnergyPolicy

Russia’s Coal Industry Implodes as Global Energy Shift Accelerates

Russia’s coal industry is experiencing its worst crisis in decades with massive financial losses and widespread closures. Meanwhile, renewable energy and battery storage are becoming the fastest-growing segments of the global economy, signaling a fundamental energy transition.

Russia’s Coal Industry in Freefall

Russia’s coal sector is facing its most severe crisis since the 1990s, with catastrophic financial losses mounting as exports collapse and domestic producers struggle to remain solvent. According to reports, the industry lost approximately Rbs 225 billion (US$2.8 billion) in the first seven months of 2025 alone—more than double the total losses recorded in all of 2024.

by Nathan Cross