Germany woos South Africa to replace Russian coal

(Montel) Germany’s plan to halt all imports of Russian coal this year has deepened market efforts to secure alternative material in the shortest possible time, with South Africa – formerly one of Europe’s main suppliers – one of the most favourable candidates, market participants said.

Economy and climate minister Robert Habeck announced over the weekend that Germany would aim to scrap Russian coal imports by autumn.

The government is now in talks on how best to curb its dependency on Russian coal, according to an energy ministry spokesman, noting the supply possibilities “are diverse” without specifying a preference of origin.

Full story at Montel News.

By Laurence Walker and Andreas Lochner.