Transnet will amend railing agreements with coal exporters as the State-owned enterprise continues to struggle with persistent security and legal issues which it believes constitute a force majeure. In a statement released by Thungela Resources, South Africa's largest producer of export coal, the company said Transnet had last week notified coal exporters with long-term coal transportation agreements that factors causing its inability to perform - such as cable theft and ongoing legal proceedings relating to irregular locomotive acquisition and maintenance contracts - are beyond its "reasonable control".
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