Transnet CEO Advocate Michelle Phillips insists there will be no turning back from current yearly railed volume levels of above 160-million tons. But she has also reiterated that private sector participation (PSP) will be central to achieving the “country target” of 250-million tons by 2030. In a podcast interview at the Investing in African Mining Indaba in Cape Town, Phillips said that volumes had fallen to a low of 149-million tons in 2022/23 and had since recovered to 160.1-million tons in 2024/25. In the six month to September 30, 2025, Transnet reported a 4.4% period-on-period rise in rail volumes to 81.4-million tons.
