Tantalum exports via port of Nacala, Mozambique are success for Noventa

1 February 2011

Toronto, Canada, 1 Feb – Mining company Noventa said Monday in Toronto that it had successfully concluded the export of tantalum concentrate mined at Marropino, via the port of Nacala in northern Mozambique.

The statement said that the sixth and final shipment via the port of Nacala, some 600 kilometres from the Marropino mine, would be sent to the United States around the 3 February.

Until April 2009, shipments of tantalum concentrate were transported by land to Walvis Bay, in Namibia, around 3,900 kilometres away taking seven to ten days, and were still affected by changes in navigational schedules of the cargo ships, which added delays and costs to the product.

The Marropino mine is Noventa’s most developed project and is located around 350 kilometres northeast of the provincial capital of Zambézia, Quelimane.

Exploration of the mine was re-launched in April, 2010, after it was connected to the national electricity grid. Noventa has so far invested US$65 million in creating the only industrial-scale tantalum mine in Mozambique. (macauhub)