Trouble Ahead at Richards Bay

The year long argument between the members of the Phase Five expansion of the Richards Bay Coal Terminal (RBCT) in and the RBCT members over the final terms of access to the terminal seems to be heading for a showdown. The RBCT members want to limit access because allowing full access to Phase Five exporters would mean sharp cutbacks of their own present coal export quotas which will have adverse financial implications for the Phase Five coal companies.