Vale Moçambique starts exporting coal via the port of Nacala this year

1 June 2015

Vale Mozambique will begin exporting coal through the port of Nacala, northern Mozambique, in the third quarter of the year, the Executive Director of Fertilisers and Coal of Brazilian group Vale said in Tokyo.

Exports through the port in Nampula province had been due to begin in the first quarter of 2015 but the company had to postpone the date due to flood damage on the railway linking he port to Moatize, in Tete province.

Roger Downey, on the sidelines of the Japan/Africa Mining & Resources Business seminar in Tokyo, told Reuters that Vale Moçambique remains committed to reaching production of 11 million tons of coal per year by mid-2016, compared with current production of 7 million tons per year.

The railway is 900 kilometres long and is part of the Nacala Corridor.

In December 2015, the Vale group sold a stake of almost 15 percent in the Moatize mine and 35 percent of the railway and the port of Nacala to Japanese group Mitsui & Co.

To date, Vale Moçambique has only exported coal production along the Sena line, which connects Moatize and the port of Beira, in Sofala province. (macauhub/BR/MZ)