Is there a future for coal mining in SA?


Manage episode 244842130 series 1909643
By Business Day TV. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Business Day TV — Nedbank, Standard Bank and FirstRand are the canaries in our coal mines - having announced that they will not be funding any new coal-related projects and similarly, a number of mining companies have sold or are selling their coal assets as main export markets reduce their reliance on coal due to its environmental impact. In the meantime, the country's long-awaited Integrated Resource Plan stresses that coal will continue to play a significant role in electricity generation. Henk Langenhoven, chief economist at the Minerals Council SA joined Business Day TV to detail his perspective on what these developments will mean for the future of coal mining in the South Africa.

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