South Africa's rail freight problems mean Tharisa Plc (THST.L) has to truck 85% of its chrome export volumes to ports, the diversified miner's CEO Phoevos Pouroulis said on Friday, adding he saw no prospect of a swift solution. State-owned logistics utility Transnet is failing to meet demand for freight rail services because of a shortage of locomotives and spare parts, as well as cable theft and vandalism of its infrastructure...
South Africa trucks chrome as rail fails
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South Africa trucks chrome as rail fails
Post by John Ashworth »
S.Africa's Tharisa driven to truck its chrome as rail fails
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