Maputo, Mozambique, 03 Aug – Coal expediting at the Mozambican port of Matola dropped by 48 percent in July, compared to the same period last year, the terminal infrastructure’s concession company reported Thursday.
Data released by the South African Grindrod company indicate that Matola expedited 55,600 metric tons of coal last month, compared to 106,600 tons in July 2005.
The company added that it in August it expects to neary triple last month’s figure, to reach 140,000 expedited tons.
Also in July, 103,300 tons of magnetite, a type of iron ore, were exported. Plans call for 45,000 tons in the current month.
The Matola terminal is located on the outskirts of Maputo, in southern Mozambique.
African Portland Industrial, a Grindrod unit, recently stated that coal expediting is being affected by a lack of capacity on the Ressano Garcia railroad which connects Maputo to South Africa.
The terminal currently has the capacity to process 2.5 million tons. But last year only 1.7 million tons of South African coal were shipped from Matola.
Grindrod intends to increase the terminal’s capacity to nearly 6 million metric tons of coal by 2011.
The Mozambican government has indicated that it will invest in increasing the capacity of the nearly 90-kilometer line, doubling it this year to 3 million tons, and to 5 million in 2007. (macauhub)