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Botswana Aims To Ship 115 Million Tons Of Coal To China & India

Botswana Aims To Ship 115 Million Tons Of Coal To China & India

From Bloomberg News

Botswana plans to ship 115 million metric tons of coal per year within a decade to meet growing demand in China and India, the country’s chamber of mines said.

Exports would start at 65 million tons when the 1,500 kilometer (932 mile) Trans-Kalahari railway linking Mmamabula coalfields with the port of Walvis Bay in Namibia is completed in five years, Charles Siwawa, chief executive officer of the Botswana Chamber of Mines, said in an interview today. That could be increased by 77 percent within three years, he said.

“There is a window of opportunity that we see in the markets in China and India and that is the market we are aiming for,” said Siwawa, who was in Walvis Bay to attend the signing of an agreement between Namibia and Botswana to build the line.

Written by Felix Njini/Read more at Bloomberg News