The Africa Great Wall Mining Development Company, Ltd, a firm backed by Chinese capital, plans to begin exploiting and processing heavy sands in the Nicoadala, Inhassunge and Chinde districts of Mozambique’s Zambézia province at the end of this year, reports Rádio Moçambique.
The radio station specified that the start date depends on approval of the environmental impact study to be examined this August by the Zambézia provincial government.
The project will require an estimated investment of US$130 million. It also involves the construction of port facilities in Quelimane, road improvement work and other expenses of a social nature.
The environmental impact study was done by RMS Consultores Ltd, a company specialising in legal and environmental consultancy services. (macauhub)