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Thursday, March 31, 2011

S.African Transnet shuts coal lines after derailment


Thu Mar 31, 2011 4:18pm GMT

JOHANNESBURG, March 31 (Reuters) - South Africa's freight logistics group Transnet [TRAN.UL] said on Thursday that it had closed two lines linking the coal mines with the Richards Bay export terminal after a derailment near Ermelo.

Spokesman Sandile Simelane said one of the two lines would reopen on Friday.

"We anticipate one of the lines to reopen tomorrow," he told Reuters, adding that an investigation into the cause of the derailment was ongoing. He declined to comment on how much tonnage would be lost as a result of the derailment, which occurred on Wednesday. (Reporting by Agnieszka Flak, sourced Reuters )

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