Mozambique Mining: Australia Cyclone, Chinese demand boost Vale Moatize coal mine

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Vale Moatize Coal Mine, Tete Province

Bad weather in Australia and improved demand in China were the factors driving the higher metallurgical (or coking) coal prices during the second quarter of this year (2Q17), compared with the first quarter (1Q17). So stated Brazilian mining group Vale in its report, ‘Vale’s Performance in 2Q17’. Continue reading

Mozambique Mining: Vale Moatize coal’s production 24.8% higher than 1Q17

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Moatize coal mine – The Tete Province in Mozambique hosts major coal resources

Coal production reached 3.0 Mt in 2Q17, a record production for a quarter, with production coming exclusively from the Moatize mine in Mozambique. Total coal production was 24.8% and 101.8% higher than in 1Q17 and 2Q16, respectively, with two-thirds of total production being of metallurgical coal. Continue reading

Mozambique Mining: Jindal Africa disobeys court order on coal terminal closure

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Jindal Coal Operation in Tete – Mozambique

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.

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Mozambique Mining: Coal now leads exports

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Coal exports reached US326 million

The value of Mozambican coal exports rose 200 percent between the first quarter of 2016 and the same period in 2017, with the product accounting for a full one-third of the value of exports, the Bank of Mozambique has announced. Continue reading

Mozambique Mining: Court orders closure of JSPL coal terminal

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Jindal Coal Operation in Tete – Mozambique

JSPL Mozambique Minerais company has kept the Moatize coal terminal in operation despite a decision by the Tete Judicial Court for it to be closed, Radio Moçambique reported. Continue reading

Mozambique Mining: Nippon Steel & Sumitomo Metal may buy local coal

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Moatize Coal – Tete, Mozambique

Japanese steelmaker Nippon Steel & Sumitomo Metal is analysing the purchase of coking coal from Mozambique and other countries in an effort to offset the volatility of ore prices, said the group’s executive vice president. Continue reading

Mozambique Mining: After Nacala coal terminal inauguration, Country foresees a brighter future for coal industry

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Moatize Vale coal Mine

The consortium formed by the Brazilian mining giant Vale, the Japanese multinational Mitsui, and Mozambique’s public owned port and rail company, CFM, on Friday formally inaugurated the Nacala Logistics Corridor (CLN), the new railway and coal terminal which Vale believes will be determinant for the success of its coal mining operations at Moatize, in the western province of Tete. Continue reading