Coal of Africa (CoAL) CEO David Brown on Monday called on the government to ensure a streamlined regulatory environment with end-to-end processes that were attractive to investors and logistics costs that took into account the current low commodity pricing environment.
CoAL expects to be producing at a rate of nine-million tonnes of saleable coal a year from 2021 against the background of its well-backed Universal Coal deal heading for potential closure on April 15 and its Makhado coking and thermal project come on stream next year.
