South African (SA) miners are boosting thermal coal exports to Israel after top supplier Colombia in August ordered a total ban on shipments of the power-generation fuel to Israel, data from Kpler, London Stock Exchange Group and DBX Commodities showed.
Colombia and SA are among Israel’s most vociferous critics, with the South American nation’s presidential decree enacting the export ban after accusing Israel of killing tens of thousands in Gaza including children.
SA has accused Israel of genocide at the International Court of Justice, a claim Israel’s Prime Minister Benjamin Netanyahu has rejected.
Colombian coal exports to Israel dropped to zero in the three months ended November, data from analytics firm Kpler showed, after Bogota doubled down on an earlier ban and blocked supplies under long-term deals.
Meanwhile, SA boosted exports by 87% to 474 000 metric tons in the three months to November on an annual basis, and is set to ship nearly 170 000 tons this month, the data showed.
Coal exports to Israel rose 20% to 667 442 tons in the three months to October, the highest for a three-month period since February 2017, latest official data from the SA Revenue Service showed.
–Reuters–
