Coal mining in Tete, Mozambique, to begin in July

3 May 2010

Maputo, Mozambique, 3 May – Coal mining in Moatize and in Benga, concession areas of Brazilian company Vale and Australia’s Riversdale Mining, is due to begin in the third quarter of the year, the assistant national director of Mining, Obede Matine said in Maputo.

With the launch of mining operation, Matine said cited by Mozambican newspaper Notícias, the first exports will began in the second half of 2011 at the latest.

In Riversdale’s case, the start of mining this year is a head start on the schedule initially set out by the company, which set 2011 as the start of activities.

The company has said that starting early is due to the need to respond to a number of requests from potential consumers of the coal.

In Benga, the area on which Riversdale has a concession, according to figures established thus far there are reserves of 4.4 billion tons, whilst at Moatize, in the area on which Vale Moçambique has a concession, around 2 billion tons are available.

Matine noted that in Moatize three other companies were carrying out economic feasibility studies; ETA Star, Zambeze Energy and ETA Recursos, with known reserves in these areas of 975 million tons of mineral coal.

If the studies show exploration to be viable, the three companies may begin operating within three or four years. (macauhub)