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Frost & Sullivan: Increasing Regional and Global Energy Demand Drives Coal Mining Industry in Southern Africa

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6 Pages
English

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Frost & Sullivan: Increasing Regional andFrost & Sullivan: Increasing Regional and Global Energy Demand Drives Coal Mining Industry in Southern Africa PR Newswire CAPE TOWN, South Africa, Nov. 13, 2013 -- Partnering with the government to expand electricity infrastructure will help mining companies boost production The rising global and regional demand for energy, along with escalating coal prices and abundant coal reserves, will spur the implementation of coal expansion projects in Southern Africa. In 2012, there were a total of 53 coal expansion projects collectively worth $45.58 billion in the region. Coal accounts for a significant share of Southern Africa's primary energy needs. A large portion of its coal production is also sold to international markets in Europe, India and China. New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com), Production and Investment Forecast in Southern Africa's Coal Mining Industry, finds that coal production in the region stood at 266.1 million tonnes in 2012 and estimates this to reach 308 million tonnes by 2018. South Africa is the largest producer of coal in Southern Africa while Zimbabwe and Botswana stand second and third respectively. Despite environmental concerns, coal continues to play an important part in the energy mix of many countries, which use it for electricity generation and as feedstock for synthetic fuels and steel manufacturing.

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Published 13 November 2013
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Frost & Sullivan: Increasing Regional and Global Energy Demand Drives Coal Mining Industry in Southern Africa

PR Newswire

-- Partnering with the government to expand electricity infrastructure will help mining companies boost production

The rising global and regional demand for energy, along with escalating coal prices and abundant coal reserves, will spur the implementation of coal expansion projects in Southern Africa. In 2012, there were a total of 53 coal expansion projects collectively worth $45.58 billion in the region. Coal accounts for a significant share of Southern Africa's primary energy needs. A large portion of its coal production is also sold to international markets in Europe, India and China.