In South Africa,Transnet is not now to go-ahead with a new $1.28 billion coal terminal, which would have been located alongside the existing facility at Richards Bay Coal Terminal.The decision was prompted by an agreement signed between Transnet and many of the country’s smaller mining companies, whose allocations at RBCT will now double.These will now be able to annually take up around 19,000,000mt (million tonnes) out of the port’s 91mt overall capacity.