Johannesburg, South Africa, 30 March – The South African sea cargo company Grindrod is to invest 186 million rand over the next five years on expanding its coal terminal in Matola, Mozambique, the executive director of the terminal, John Andersen Muller, said in Johannesburg.
During a sector conference held on Wednesday, Muller added that the terminal would be expanded to accommodate 6 million tons of coal in order to meet the increasing demands of small mine owners that have no access to the facilities of Richards Bay, in South Africa.
Muller said that the terminal would meet the needs of all the companies that do not meet the requirements of Richards Bay.
From the port of Matola, on the outskirts of Maputo, more than 1.1 million tons of coal were exported in 2005 while Richards Bay exported 69 million tons. (macauhub)