South African coal miners go on strike
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Report summary
On 4 October 2015 up to 30,000 South African coal miners, affiliated with the National Union of Mineworkers (NUM), went on strike after wage negotiations reached a deadlock. NUM is demanding a 14% wage increase compared with 8.5% being offered by the Chamber of Mines (COM), on behalf of the producers.At present the strike's impact has been low for both the South African domestic and export thermal coal sectors, due to relatively high stockpiles at Eskom's power plants and the Richards Bay Coal Terminal (RBCT). We estimate that 4.3 million tonnes of marketable production could be lost if the strike continues for two weeks.
What's included
This report contains
Table of contents
- Executive summary
- Wage negotiations reach a deadlock
- Impact on lost production
- Conclusion
Tables and charts
This report includes 3 images and tables including:
Images
- Location map: South African mines affected by the coal strike
- Possible strike coal scenarios by market (million tonnes)
Tables
- South African marketable production impacted by coal strike (million tonnes)
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