Radio Mozambique has reported that Indian company Jindal Africa has failed to comply with a court order ordering it to stop coal stockpiling activities at its Chirodzi mine, in the Moatize district of Mozambique’s Tete province. The order was issued by the Tete provincial court.
Coal will be Mozambique’s top exportrevenue earner over the medium term, according to the Economist Intelligence Unit (EIU). This will be the result of improving security in the central region of the country and rising global coal prices. Details of the EIU report were released by Portuguese news agency Lusa. Continue reading