Maputo, Mozambique, 4 July – The Mozambican capital, Maputo, is due Tuesday to start hosting the 2nd international conference on coal mining in Mozambique, which will bring together approximately 250 investors, producers and suppliers of coal and government officials.
The two-day conference, which is organised by events promoter International Mining and Metals Series, aims to discuss the potential of northwest Mozambique and the impact of mining, as of this year, on the Mozambican economy.
Recent studies indicate that Mozambique may have coal reserves of over 23 billion tons and mining, as of 2011, is expected to turn the country into Africa’s largest coal exporter.
Mozambique’s government, over the last two years, has granted 112 licenses to 45 national and foreign companies, notably Brazil’s Vale and Australia’s Riversdale Mining, which operate in Tete province, where the world’s largest coal reserves are located.
The event will be attended by representatives from Australia, South Africa, India, Botswana, Canada, the United Kingdom, Egypt, Indonesia, Pakistan, the United Arab Emirates, the United States, Singapore, Thailand, Japan and Mozambique. (macauhub)