CoAL calls for regulatory streamlining to boost project investment

March 14, 2016

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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.

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