# Kropz reaches agreement with Transnet over phosphate exports from Elandsfontein - Miningmx

> Kropz received a draft long-term port access agreement from Transnet to export phosphate rock through Saldanha Bay, with the contract being finalised. Exports through Cape Town would cover at most 30% of Elandsfontein's roughly one million tons a year, and only if Saldanha capacity is unavailable.

- Date: 2021-11-23 · published 2021-11-23T12:00:00.000Z
- Category: logistics · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/44371-kropz-reaches-agreement-with-transnet-over-phosphate-exports-from-elandsfontein
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Secured port capacity lowers the risk of new South African phosphate rock supply being delayed, and it avoids higher Cape Town transport costs for most volumes.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- miningmx.com: https://www.miningmx.com/news/markets/48166-kropz-reaches-agreement-with-transnet-over-phosphate-exports-from-elandsfontein/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.