moatize mine mozambique

Vale to acquire Mitsui's stakes in Moatize coal mine and …

Brazilian firm Vale has signed a heads of agreement (HoA) to acquire Japan-based Mitsui & Co's stakes in the Moatize coal mine in Mozambique and Nacala Logistics Corridor (NLC) in south-east Africa. January 21, 2021. Vale intends to acquire Mitsui's stake in Moatize mine and NLC assets. Credit: Анатолий Стафичук from Pixabay.

Mozambique and coal

The life of the Moatize Mine was expected to be 35 years. Capital costs of the project were estimated to be between $1.2 billion and $2 billion." In 2011 Vale Mozambique mined …

Vale to divest Mozambique coal assets to Vulcan Minerals …

Credit: Milan Stránský/Pixabay. Vale has agreed to offload its Moatize coal mine in Mozambique and a connected railway corridor to India's Jindal Group subsidiary Vulcan Minerals, in a deal worth $270m. This transaction also includes a ten year royalty agreement, which is conditional on certain mine production and coal price conditions.

Assessment of soil, sediment and water contaminations

In Mozambique, coal mining and processing operations are important industries; however, they could potentially contaminate the surrounding environment. This study investigates contamination of surface soils, river sediments, river water and groundwater around coal mines in Moatize district, Tete province, Mozambique.

The Case of Moatize Mine, Mozambique

The Moatize coal mine, Mozambique, holds one of the largest coal reserves worldwide, with estimated recoverable reserves of 2.4 billion tons of coking and thermal coal [1]. …

Rio Tinto pulls plug on ill-fated Mozambique coal venture

A man rides a bike over a railway line in Moatize in Tete province February 13, 2013 . ... Jindal Steel and Power has been sending about 50,000 tonnes of coal a month to India from its Mozambique ...

Brazil's Vale to divest troubled coal assets in Mozambique

Mitsui has posted a series of impairment losses, totalling 46.7 billion yen ($451 million), on its Mozambique coal and infrastructure assets, taking the book value of its stake in the Moatize mine ...

Mozambique: Moatize Coal Mine

The Moatize mine's total coal production decreased to 5.87Mt (3.09Mt of metallurgical coal and 2.78Mt of thermal coal) in 2020, due to the impacts of the Covid-19 pandemic. The mine produced 4.03Mt of metallurgical coal and 4.73Mt of thermal coal in 2019, compared to 6.1Mt of metallurgical coal and 5.4Mt of thermal coal in 2018.

Coal Mining at Moatize, Tete Province, Northwest of Mozambique …

These high values probably are related to land use and occupation configured in coal mining by Moatize Ltda and quarries of Vale and Ceta Mozambique. Fe is one of most chemical plentiful elements on Earth. The maximum values of Fe were observed in P12 (1.08 mg/L) – Moatize river and P13 (1.03 mg/L) -Vale Mozambique mine in …

(PDF) Assessment of soil, sediment and water

Department of Mining Technology, National Institute of Mines, Praça 25 de Junho n 380, P.O. Box 4605, Maputo, Mozambique b Ltd., Tokyo 107-8414, Japan

Vale announces the sale of its Mozambique coal assets

Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corridor for total proceeds of US$ 270 million, comprised of US$ 80 million at Closing and US$ 190 million from the existing business until Closing; plus a 10-year Royalty Agreement subject to certain …

MINING: Mozambique

the railway line linking Vale's Moatize mine to the port of Beira is in the process of being expanded and rehabilitated to meet increased capacity demand. ... 9Introduction to the Legal Framework for Mining in Mozambique, Sal & Caldeira, April 2010 Parameter Ease of Doing Business 2012 rank Starting a business 96 Dealing with construction ...

Vulcan to buy Vale's coal assets in Mozambique for $270m

Vulcan Minerals, a subsidiary of India-based Jindal Group, has agreed to acquire Moatize coal mine in Mozambique and the Nacala logistics corridor from Vale …

Mozambique: 20 companies interested in Vale's operation …

Vale's departure from the Moatize mine and CLN materialises the decision to divest in the coal business in Mozambique announced by the company in January. Coal is one of Mozambique's main export products, and Vale employs around 8,000 people, 3,000 of them its own workers and the remainder via subcontractors.

Vale to pay $2.5bn in liabilities related to Nacala mine corridor

June 9, 2021. Brazil's Vale has agreed to pay nearly $2.5bn in advance liabilities associated with the financing of the Nacala logistic corridor (NLC) project that serves a coal mine in Mozambique. With the completion of the payment on 22 June 2021, Vale will have satisfied all the conditions required to complete a deal signed earlier this year.

Reading Mozambique's mega-project developmentalism …

Specifically, we approach and contrast workplace regimes and outcomes in the context of two critical, Mozambique-based mega-projects: the Maputo Ring Road, implemented by the China Road and Bridge Corporation (CRBC), and the Moatize Coal Project, led by the Brazilian mining company Vale SA.

Moatize Mine, Moatize District, Tete Province, Mozambique …

Latitude & Longitude (decimal): -16.06667,33.71667. Tete. Owned/operated by: A coal mine located at Moatize, 15 km from Canchoeira. Its total production capacity is 11 million metric tons per year: 8.5 million metric tons of metallurgical coal, mainly premium hard coking coal; and 2.5 million metric tons of thermal coal. Commodity List.

Vale to sell Moatize coal mine to Vulcan for $270 million

Moatize coal mine. ( Image courtesy of Marcelo Coelho| Vale.) Vale (NYSE: VALE) is selling its Moatize coal mine and the Nacala logistic corridor, a multi-billion …

Mozambique: Vulcan to Continue Operating Moatize Mine

The Indian company Vulcan Resources, which is part of the Jindal Group, on 5 May pledged to continue coal mining in Moatize, in the western Mozambican province of Tete, and to operate the Nacala ...

Mozambique Jindal embarks on major cost-cutting drive at Moatize

The Indian company, which acquired the gigantic Moatize coal mine from the Brazilian firm Vale in late 2021, is determined to cut back on subcontractor costs and salaries. - 2/13/2023. ... Monaco-based ES-KO acquired Smart Catering, specialised in catering for mining and oil firms in Mozambique.

Destoning the Moatize Coal Seam, Mozambique, by Dry …

The Moatize mine in Mozambique, Tete Pr ovince, is a metallurgical coal mine that has been exploited by V ale S.A. since May 2011, when the mine was o ﬃ cially inaugurated. The estimated coal

Mozambique: Vulcan to Continue Operating Moatize …

The Indian company Vulcan Resources, which is part of the Jindal Group, on 5 May pledged to continue coal mining in Moatize, in the western Mozambican province …

Vale announces the sale of its coal assets

Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corridor for total proceeds of US$ 270 million, comprised of US$ 80 million at Closing and US$ 190 million from the existing business until Closing; plus a 10-year Royalty Agreement subject to certain …

Vale in Mozambique: Creator and destroyer of jobs, …

Brazil's mining multinational Vale when it bid for Mozambique's rich coal deposit in Moatize offered the classic mining industry narrative of mining as creator of jobs, growth of the local economy and national economic development. • Any analysis of jobs created by an extractive project must also calculate what jobs are lost.

WIDER Working Paper 2021/108

local socioeconomic impact of coal mining in Mozambique. It shows how the four coal mines that have opened in Mozambique since 2011 influenced the have population living in a mining . posto administrativo. 2(PA) and es timates whether the mines have had a predominantly positive or negative

Vulcan pledges to continue operating Mozambique's coal mine …

Vulcan Resources purchased the Moatize mine and the Nacala Logistics Corridor from their previous owner, the Brazilian mining giant Vale, for 270 million US dollars. This agreement was reached in December 2021, and the sale was finalized last month. Also read: IMF board approves Mozambique's US$470M credit line

Vale Sells Moatize to Vulcan

Multinational mining company Vale has entered into a binding agreement with Vulcan to sell the Moatize metallurgical and thermal coal mine and port project in Mozambique and the Nacala Logistics Corridor (NLC) for $270 million, comprised of $80 million at closing and $190 million from the existing business until closing; plus a 10-year …

Moatize Open-Pit Coal Mine, Tete Province, …

Vale has been implementing a new mining plan and a new operational strategy for the coal processing plants to ramp-up the Moatize mine's output to 15 million tonnes per annum (Mtpa) in 2021 and 18Mtpa in 2022. The new mining plan incorporates the prioritisation of ore bodies of better …

Vale concludes sale of Mozambique coal mine

Vale worked in Mozambique for 15 years, operating the Moatize mine and 912 kilometres of railway in the Nacala Logistics Corridor to transport coal. Also read: DP World Mozambique new gateway for South Africa's citrus exports. In early 2021 the company announced its intention to "divest its coal assets" and focus on "low-carbon …

Vale selling coal assets including Moatize mine to …

Vale has entered into a binding agreement with Vulcan Minerals to sell the Moatize coal mine and the Nacala Logistics Corridor (NLC) for total proceeds of $270 million, comprised of $80 million at closing and $190 million from the existing business until closing; plus a 10-year Royalty Agreement subject to certain mine production and coal …

Minas Moatize Coal Mine, Tete

The Minas Moatize coal mine is located near Tete Province, in Mozambique. The mine is connected by the Nacala Logistics Corridor (NLC) and …

Vale takes first step to divest coal assets

In 2017 Mitsui concluded a $690m deal to buy a 15 per cent stake in the Moatize mine from Vale and a 50 per cent stake in the Nacala Logistics Corridor, a multibillion-dollar port and rail project.

Vulcan Minerals became the largest company in Mozambique …

Also read: Over 90k tourists holidaying in Mozambique's Inhambane province. In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale, the Indian company Vulcan Minerals became the largest company in Mozambique, with a turnover of 72.8 billion meticais.

Ej Atlas

Brazilian major mining group Vale extracts coal from the Moatize mine in the Tete province of Mozambique. In 2012, the board of Vale was planning a $6 billion expansion of the mine with plans to lift output from 11 million tons to 22 million tons per year. The company is planning to build a 600 MW thermal power plant at Moatize.

(PDF) Influence of Igneous Intrusions on Coal Flotation …

The Moatize coal mine, Mozambique, holds one of the largest coal reserv es world- wide, with estimated recoverabl e reserves of 2.4 billion tons of coking and thermal coa l [1].