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coal mine for sale in mozambique

Large Coal Mine Available for Sale

Large coal mine available for sale in Moatz Coal district in Mozambique. Good quality coking coal & boiler grade coal available over 880 Ha of land. Reputed firms are having licence to …

Vale sells coal mine in Mozambique

Vale sells coal mine in Mozambique Move was praised by BTG analysts Por Felipe Laurence — São Paulo 21/12/2021 19h28 Atualizado há 7 meses Vale agreed to sell its coal assets, the Moatize mine and the Nacala Logistics Corridor (CLN), located in Mozambique, to Vulcan Minerals for $270 million. The company has also signed a 10-year royalty agreement.

Vale to acquire Mitsui's stakes in Mozambique coal mine, …

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. Vale intends to acquire Mitsui's stake in Moatize mine and NLC assets. Credit: Анатолий Стафичук from Pixabay.

Mozambique: Vale concludes sale of Moatize coal mine

Brazilian mining company Vale has completed the sale of assets in coal exploration in Mozambique to India's Vulcan Minerals, a deal worth US$270 million (€253 million), the company announced on Tuesday.

Benga Coal Mine, Mozambique, Mozambique

Revuboe Coal Mine, Tete, Mozambique Revuboè coal mine is located in the Moatize Basin, Tete Province of Mozambique. The Benga coal mine is located within the Moatize basin of Tete province and lies adjacent to the Zambeze coal project. Benga is part of the Mining Concession 3365C and has a mining license for 25 years.

Mozambique: Vale concludes sale of Moatize coal mine

Brazilian mining company Vale has completed the sale of assets in coal exploration in Mozambique to India's Vulcan Minerals, a deal worth US$270 million (€253 million), the …

Benga Coal Mine, Mozambique, Mozambique

The mine produced 1.62Mt of coal in 2013, including 0.86Mt of hard coking coal and 0.75Mt of thermal coal. Benga coal mine is owned by a joint venture between Rio Tinto and …

Jindal Africa

Mozambique During August 2013, the Chirodzi mine was inaugurated by Honourable President Arnando Emílio Guebuza and JSPL Chairman Naveen Jindal. This opencast coal mine, with a …

Mines for sale | Businesses4Sale

Please enquire for more details. Read more Anthony Lesch C: 082 601 8352 E: [email protected] Industrial Manufacturing Mining/Earth Moving Ref: 3274 View …

Moatize Open-Pit Coal Mine, Tete Province, Mozambique

Operated by Vale's subsidiary Vale Mocambique, the open-pit coal mine has been producing since August 2011. It is Vale's first greenfield project in Africa with the company granted the concession to build and operate the mine in 2006. Moatize is also the only coal mine currently being operated by the Brazilian miner.

Vale considers binding offers for Mozambique coal mine this …

Brazilian miner Vale is reportedly anticipating binding bids for its Moatize coal business in Mozambique this month, as it plans to exit the coal industry. Vale finance vice-president Luciano Siani was cited by Reuters as saying during a conference call: "We have already received some indicative proposals to sell the business.

Vale concludes sale of Mozambique coal mine

Brazilian mining company Vale has completed the sale of assets in coal exploration in Mozambique to India's Vulcan Minerals, a deal worth US$270 million (€253 million), the …

Moatize Open-Pit Coal Mine, Tete Province, Mozambique

The Nacala Logistics Corridor (NLC) is a refurbished 912km rail line for transporting coal from mines in western Mozambique to the Port of Nacala in eastern Mozambique via Malawi. The …

Top 10 Companies in Mozambique

Every year, the research team at Marcopolis compiles a list of the top ten companies operating in a specific country. Players include Mozal (industry), Petromoc (oil), Vale (mining), EDM (energy), CDM (beverages), HCB (energy), Motraco (energy), CFM (transport), mcel (telecom) and Millennium bim (banking). Top 10 Companies in Mozambique

Premium Coal Mining | MergersCorp M&A International

Coal mining contract: until November 2038. Coal area: The contract area covers 25.17 km3, depth 140m, with an absolute point of 410 m. Sales volume for 2021 – 2 000 thous. tons.

Mitsui to sell stake in Mozambique coal mine, logistics corridor …

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...

Vale to Sell Mozambique Coal Business, Advancing Divestment Plan

The Brazilian iron ore giant said Tuesday that it agreed to sell its mine and export railway in Mozambique to Vulcan Minerals, part of India's Jindal Group, for $270 million plus a 10-year...

Coal Mines for Sale in Mozambique

Exciting Mine Opportunity Businesses For Sale Other Mining and Oil Businesses New York $5,000,000. Opportunity to own a peat mine with 4,000,000+ yards of peat on a 320-acre property which has a transferable permit to mine on 100 acres. This super nutrient black dirt can sell for up to $75 a yard.

Mozambique and coal

On Feb. 4, 2011, Mozambique said it awarded the Indian company, Jindal Steel & Power, a 25-year licence to explore and mine for coal in the northwest Tete province. Jindal will invest …

coal mine for sale in mozambique

Moatize mine. This article is part of the Global Coal Mine Tracker, a project of Global Energy Monitor. The Moatize coal mine is owned by Vale and Mitsui Corp, producing 11.3 million tonnes per annum, in Moatize, Tete province, Mozambique. The company has proposed increasing capacity to 22 million tonnes per annum, but in 2020 revised the ...

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 mine …

Vale concludes sale of Mozambique coal mine

Brazilian mining company Vale has completed the sale of assets in coal exploration in Mozambique to India's Vulcan Minerals, a deal worth US$270 million (€253 million), the company announced on Tuesday.

Vale to Sell Moatize Coal Mine to Vulcan for $270 Million

The brazilian mining company Vale announced today that it has sold its operation in Mozambique to Vulcan Minerals for $270 million, consummating the disposal of coal assets and consequent exit from the African country.

Major Mines & Projects | Moatize Mine

The Brazilian mining giant Vale on April 25, 2022 concluded the sale of its Mozambican coal production assets (the Moatize coal mine and the Nacala Logistical Corridor) to Vulcan Minerals is a private company, a subsidiary of India-based …

Jindal Africa

This opencast coal mine, with a proven reserve of 700 million tonnes (MT) and an expected life-of-mine of 25 years, commenced operations on its 10 million tonnes per annum (MT PA) coal mine, with the production of 3 MT in the first phase, during 2012.

Mozambique: Moatize Coal Mine

The two coal handling and processing plants (CHPPs) for the mine are also being revitalised as part of the operational improvement strategy. The Nacala Logistics Corridor …

CIP Calls for Transparency in the Sale of the Moatize Coal Mine

The conclusion of the sale was announced on Monday. Vale was present in Mozambique for 15 years, having operated the Moatize mine and 912 kilometers of railroad in the Nacala Logistics Corridor for the transport of coal. In early 2021 the company announced its intention to "divest from its coal assets" and focus on "low-carbon mining."

Operating Surface Coal Mine For Sale-Sold

$5 million Project Operating mine for sale Comes with 565 acre mining permit, equipment, and sublease Turn key operation with contracts in place Currently mining 8,000-10,000 tons per month The coal being produced is steam coal with a very low chlorine and mercury content. 1,100,000 tons in place and new owner can lease more from joining properties

Mining jobs in mozambique

Quickly find the best offers for Mining jobs in mozambique on Ananzi Ads. We collected up to 68 ads from hundreds of job boards for you! Thu Nov 17 2022 09:30:12 GMT+0000 (Coordinated Universal Time)

Profitable Coke Coal Mining Company for Sale in McDowell

For Sale: Coke-coal mine with 8 million tons of leased coal reserves selling 10,000 tons/monthly. This transaction has concluded. This Business is on a Premium Plan Overall Rating 8.0 / 10 Compare with industry Full Sale Asking Price: USD 7.8 million (Native Currency: USD 7,750,000) Reason: Owners wants to retire.

Mozambique and coal

Chipanga XI Mine- in its 2009 review of the coal mining industry of Mozambique, the U.S. Geological Surveynoted that the government-owned CarbomocE.E. produced approximately 60,000 tonnes of coal tonnes of bituminous coal from the Chipanga XI Mineat Moatize.[4] In 2007 the USGS reported that the mine produced 72,000 tonnes. [5]