SAfrica's Transnet ups coal line tariffs by 26-30 pct

Thu Mar 24, 2011 8:10am GMT

JOHANNESBURG, March 24 (Reuters) - South Africa's rail and logistics group Transnet [TRAN.UL] said on Thursday it would raise tariffs on its rail line used to transport coal to the export terminal at Richards Bay by up to 30 percent.

"The export coal rail tariffs will be raised by between 26-30 percent. The tariff increases will be effective from March 26," spokesman Sandile Simelane said in an emailed response to questions. (Reporting by Agnieszka Flak, Editing by Olivia Kumwenda, Reuters)

Tags : raw material, power station coal, Asian coal market, Africa coal