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    13 July, 2017
Mozambican coal to be shipped to Australia
Maputo, 13 Jul (AIM) – The Brazilian mining giant Vale is to export coking coal from its open cast mine in Moatize, in the western Mozambican province of Tete, to Port Kembla in Australia for the first time.

According to the Platts news service, 70,000 metric tonnes of metallurgical coal will shortly be shipped from the northern port of Nacala to Port Kembla in eastern Australia.

Platts noted that “the import of Mozambique coal is symbolic because Australia is the largest seaborne exporter of metallurgical coal in the world, the bulk of which is premium hard coking coal, prized for its high Coke Strength after Reaction”.

Last year Australia exported 172 million tonnes of coking coal, which is over two-thirds of the global seaborne market of 259 million tonnes.

In May, the consortium formed by Vale, the Japanese multinational Mitsui, and Mozambique’s publicly-owned port and rail company, CFM, formally inaugurated the Nacala Logistics Corridor (CLN). This is the new railway and coal terminal which Vale believes will be determinant for the success of its coal mining at Moatize.

The Nacala Logistics Corridor required an investment of US$4.4 billion. It includes a 912 kilometre long railway, running from Moatize to a new mineral port at Nacala-a-Velha. Although the corridor was formally inaugurated in May, it began operating in early 2016. Last year the Nacala-a-Velha port exported 6.5 million tonnes of coal, and this year exports are expected to reach 11 million tonnes. Within the next two years the railway and port are projected to reach peak capacity of 18 million tonnes of coal a year.

It is these increased volumes that will reduce operational costs and make Vale’s Moatize coal project competitive on the world market.
  26 January, 2018  
Record production at Kenmare mine
Kenmare Resources, which operates the Moma Titanium Minerals mine, has reported record annual production in 2017 of the three minerals it extracts .

  24 January, 2018  
Inflation now under control
Inflation has been brought under control and the exchange rate of the Mozambican currency, the metical, has stabilised, declared the governor of the Bank of Mozambique, Rogerio Zandamela.

  10 January, 2018  
Goods traffic to resume between Cuamba and Lichinga
Goods traffic is to return to the branch line between the cities of Cuamba and Lichinga, in the northern Mozambican province of Niassa, under an agreement reached between the Niassa provincial government and the Northern Development Corridor (CDN), the private-led consortium that operates the line.


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