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Europe imports more South African coal as Russian ban looms

European countries, scrambling to secure alternatives to Russian coal, imported 40% more coal from South Africa’s main export hub in the first five months of this year than over the whole of 2021, figures obtained by Reuters showed on Wednesday.

South Africa’s Richards Bay Coal Terminal (RBCT) delivered 3 240 752 tonnes of coal to European countries by end-May this year, 15% of RBCT’s overall exports, up from 2,321,190 (4%) in 2021, the figures showed.

Starting the second week of August, Russian coal imports will be banned in the European Union, part of wide-ranging sanctions on Moscow.

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