Vale Moçambique plans to export its first shipment of coal via the port of Nacala-a-Velha in 2015, and the test phase for exports is expected to begin in the final quarter of this year, said the company’s managing director, Ricardo Saad.
The development project for the Port of Nacala-a-Velha and the Moatize-Nacala railway line, which is managed by Sociedade de Desenvolvimento do Corredor do Norte and owned by Vale Moçambique (80 percent) and by port and rail manager Portos e Caminhos de Ferro de Moçambique (20 percent), is due to be operational as of next year following investment of around US$4.5 billion.
According to Saad work to conclude the railway, which will stretch over 900 kilometres between the coal region of Moatize, in Tete province, pass through southern Malawi and Mozambique’s Niassa province, to the port of Nacala-a-Velha in Nampula province, may be concluded at the end of the third quarter of this year.
The railroad is designed to have capacity to carry 18 million tons of coal per year and will solve the problems Vale Moçambique has faced with distributing its coal.
Similarly to Anglo-Australian group Rio Tinto, the Mozambican subsidiary of Brazilian group Vale has been using the Sena railroad to transport its coal to the port of Beira in Sofala province, but the railroad’s limited capacity has repeatedly impacted the companies’ results.
In 2017 Vale Moçambique projects exports of 22 million tons of coal, of which 4 million will be exported via the port of Beira and 18 million via the port of Nacala-a-Velha. (macauhub)