Kumba Iron Ore calls for private sector intervention in iron ore rail logistics

Kumba Iron Ore, like other South African bulk commodity producers, has suffered under rail and port logistical constraints. The Anglo American unit’s production of 35.7 million tons matched ore railed to Saldanha Bay port of 35.6 million tons for the full year to December.

Sales volumes of 36.3 million tons for the period “reflect low levels of finished stock levels at the port due to logistics” constraints under Transnet.

Zikalala said she believed that the rail corridor to port of Saldanha should be put into the hands of private players to improve shipments.