London, UK-based Bisichi Mining has announced that its principal South African coal mining subsidiary, Black Wattle Colliery, has been approved an allocation of 87,500 tonnes of export tonnage at Richards Bay Coal Terminal.
The allocation falls under the four million tonnes per annum Quattro Programme, which allows junior black economic empowerment (BEE) coal producers—typically with annual export volumes below 250,000 tonnes per annum—access to the coal export market.
The allocation is provided on an annual basis.
Richards Bay Coal Terminal, on South Africa’s east coast, is the single largest export coal terminal in the world, with a design capacity of 91 million tonnes per annum.
Commenting on the news, Andrew Heller, managing director of Bisichi Mining, said: "Black Wattle is a fully operational opencast mine with well developed infrastructure, including a railway siding.
“The approval of allocation at RBCT will allow Black Wattle direct access to the coal export market. I would like to thank Vunani Ltd, our co-shareholder in Black Wattle, for all their hard work in helping Black Wattle obtain this allocation."
Black Wattle colliery is based in Middelburg, South Africa.
