Brazil’s Vale and India’s Tata interested in coal reserves in Niassa, Mozambique

2 September 2009

Maputo, Mozambique, 2 Sept – Brazilian mining company Vale and India’s Tata Steel Ltd, are carrying out feasibility studies on coal reserves in northeastern Mozambique, said Niassa’s provincial governor.

The two companies are studying the potential of the Manhamba basin, in Niassa province, where the government estimates there are over 3 million cubic metres of coal reserves, said governor Arnaldo Bimbe.

The governor also said that there were also traces of coal deposits in Majune, 100 kilometres from Lichinga, the capital of Niassa province.

Vale and Tata already have coal concessions in Tete province. (macauhub)