About us
Vulcan Mozambique, a global mining company, demonstrates a strong commitment to sustainability and community well-being through one of Africa's largest coal mines. We leverage cutting-edge technology and …
Ncondezi Coal Company Mozambique, LDA. | Club of Mozambique
Coal exploration and mining. ENRC – Eurasian Natural Resources Corportaion Mozambique, LDA. 16 Jan 2016
Mozambique: Five Largest Mines in 2021
The Moatize Coal Mine is owned by Jindal Steel & Power Ltd;Empresa Mocambicana de Exploracao Mineira, SA which is due to operate until 2036, the Benga Project is owned …
Rio Tinto's $3.7bn Mozambique coal business sold for $50m
The company, which this week said it had rebuffed a takeover approach from rival Glencore (LON:GLEN), acquired its Mozambique project in 2011, after buying Australia's Riversdale Mining for $3.7 ...
About us
Vulcan Mozambique, a global mining company, demonstrates a strong commitment to sustainability and community well-being through one of Africa's largest coal mines. We …
Moatize Open-Pit Coal Mine, Tete Province, …
913.8Mt. Operator : Vale Mocambique. The Moatize coal mine located in the Tete Province of Mozambique is one of the world's biggest coal mines by reserves. Operated by Vale's subsidiary Vale Mocambique, the open …
Benga Coal Mine
The Benga coal mine is owned by International Coal Ventures Limited (ICVL), a consortium 65 percent owned by Indian government-owned companies and 35 percent owned by Tata Steel, a subsidiary of Tata Group, in Tete Province, Mozambique.. The mine closed in 2018 but restarted production with a three stage mine plan: 2.4 million …
Vale concludes sale of Mozambique coal mine
In early 2021 the company announced its intention to "divest its coal assets" and focus on "low-carbon mining". Vulcan is a private Indian company that is part of the Jindal Group, with a market value of US$18 billion (€16.8 billion), and which is present in Mozambique, operating the Chirodzi mine also located in the Tete region.
Moatize Coal Mine
The Moatize coal mine is owned by Vale and Mitsui Corp, in Moatize, Tete province, Mozambique.. The company has proposed increasing capacity to 22 million tonnes per annum, but in 2020 revised the figure to 15 million tonnes. In 2021, it was noted that the mine had a capacity of 20 million tonnes, suggesting the proposed expansion has finished.
Mozambique: Government revokes mining licences
Another five mining companies are under National Institute of Mines (INAMI) scrutiny, but have invoked "facts of force majeure" to justify the fact that, so far, they have not started activities. Eight out of the 20 of mineral coal mining concessions in Mozambique have not yet started production and, therefore, in light of the legislation ...
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 crosses the Republic of Malawi. Location. Tete Province, …
Background and History
BENGA COAL MINE is situated in Tete Province, Mozambique. BCM Group of companies` coal assets are situated in Tete Province, Mozambique. The referred coal assets are held through 2 (two) Mozambican incorporated companies: "BENGA COAL MINE, Lda" ("BCM") and "ICVL Zambeze, Lda" ("IZL").
THE ICVL GROUP
Maputo, Moçambique. +258 21 34 36 00. Email: [email protected]. ICVL Group of companies' coal assets are situated in Tete Province, Mozambique. The referred coal assets are held through 2 …
Vale hires banks to sell coal assets in …
Image: Vale SA. Vale SA has hired investment banks Barclays Plc and Standard Chartered to sell its Mozambique metallurgical and thermal coal mine and port project, three sources said on Thursday ...
Mozambique Jindal embarks on major cost-cutting drive at …
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
Mozambique: coal production | Statista
Jan 30, 2024. Mozambique produced around eight million metric tons of coal in 2020. Of these, 4.7 million metric tons were from coking coal, while steam coal amounted to 3.4 million metric tons ...
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.
MINING: Mozambique
Major mining companies in Mozambique. Further insight from KPMG. Mining asset life cycle. KPMG's mining strategy service offerings. KPMG's Global Mining practice. …
Path to net-zero: Miners dump coal to slash emissions, …
Vale made a deal i n December 2021 to sell its Moatize coal mine in Mozambique and a coal corridor to private miner Vulcan Minerals. "We see a thinning of coal assets across the top 40 mining companies," Paul Bendall, global leader of mining and metals at consultancy firm PwC Australia, said in an interview.
Mozambique's fossil fuel drive is entrenching …
In January 2021, Brazil's Vale SA, one of Latin America's largest mining companies, announced a deal to regain control of its unprofitable coal mining operations in Mozambique.
Overview and outlook: mining law in Mozambique
The coal industry, seen as Mozambique's main export, is well established and thriving in the Province of Tete and is expected to set Mozambique up as one of the world's largest coal producers in ...
Mozambique
With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U ...
Zambezi Coal Mine
Global Coal Mine Tracker, a project of Global Energy Monitor. The Zambeze Mine is a proposed coal mine, owned by International Coal Ventures Limited (ICVL), to produce 12 million tonnes per annum, in Tete Province, Mozambique. [1] The project has a start date of 2023 and adjoins the Benga coal mine. As of December 2022, …
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Jindal Africa is a part of Indian multinational conglomerate Jindal Steel and Power (JSP) This industrial conglomerate is a leading player globally in the steel, power, mining, coal to liquid, oil & gas, and infrastructure sectors. Jindal recognises that Africa is endowed with great mineral wealth and hardworking committed people.
Vulcan pledges to continue operating Mozambique's coal mine …
The Indian company Vulcan Resources, which is part of the Jindal Group, on Thursday pledged to continue coal mining in Moatize, in the western Mozambican province of Tete, and to operate the Nacala Logistics Corridor, the railway which runs from Moatize, across southern Malawi, to the mineral port of Nacala-a-Velha, on the coast of …
Zambeze Coal Mine, Changara
The Zambeze coal mine is a tier 1 coking coal project located in north-western Mozambique in the Changara district near Tete province. Owned by Riversdale Mining, the property is spread over 24,740ha and is one of the biggest undeveloped coking coal projects in the world. The mine lies adjacent to the Benga project, Riversdale's first …
THE ICVL GROUP
The referred coal assets are held through 2 (two) Mozambican incorporated companies: "Minas de Benga, Lda" ("MBL") and "ICVL Zambeze, Lda" ("IZL"). MBL holds an operating coal mine (Benga Coal Mine) under Mining Concession 3365C, located in Moatize District, Tete province, Mozambique.
WIDER Working Paper 2021/108
Mozambique has an estimated 38.4 billion tons of untapped coal reserves, which provides the possibility of opening many more mines. Further, mainly untapped, natural resources in Mozambique include graphite, iron ore, titanium, apatite, marble, bentonite, bauxite, kaolin, copper, gold, rubies, and tantalum (EITI 2020).
Mining and mineral resources in Mozambique
Mozambique's primary mineral resources include graphite, bauxite, gold, and precious stones. The African country also holds significant reserves of coal and natural gas. Extractive resources have ...
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.