January 30, 2013 / 8:27 AM / in 5 years

S.Africa moves to secure coal for Eskom's power plants

CAPE TOWN, Jan 30 (Reuters) - South Africa has designated coal as a strategic resource, a move that could limit exports to protect supplies for domestic power plants, mining minister Susan Shabangu said on Wednesday.

“Our intention is to ... ensure there is a balance between security of supply locally but also without losing the global markets,” Shabangu told a coal conference in Cape Town. (Reporting by Wendell Roelf; Writing by Agnieszka Flak; Editing by Jon Herskovitz)

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