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Johannesburg - Logistics group Transnet's iron ore rail line which was shut down on Friday after a train derailment will stay closed until Wednesday, a company spokesman said on Monday.
"The line still remains closed and the estimated time of opening is Wednesday," said Sandile Simelani, adding that the company would only start working out losses from the closure after an investigation into the incident.
"We will need to conduct an inquiry to establish what happened. We will also need to clear the iron ore (from the rail track) before the line can be opened, but I can't tell when this is going to happen," Simelani told Reuters on Friday.
Transnet said exports of iron ore in the 2010 financial year rose to 44.7 million tonnes, in line with customer commitments, compared with 36.8 million tonnes in the previous financial year.
- Reuters
"The line still remains closed and the estimated time of opening is Wednesday," said Sandile Simelani, adding that the company would only start working out losses from the closure after an investigation into the incident.
"We will need to conduct an inquiry to establish what happened. We will also need to clear the iron ore (from the rail track) before the line can be opened, but I can't tell when this is going to happen," Simelani told Reuters on Friday.
Transnet said exports of iron ore in the 2010 financial year rose to 44.7 million tonnes, in line with customer commitments, compared with 36.8 million tonnes in the previous financial year.
- Reuters
