Sell Coal Mozambique

  • Rio Tinto Coal Mozambique

    Rio Tinto Coal Mozambique

    Rio Tinto Coal Mozambique (RTCM) was a wholly owned subsidiary of Rio April 2011 Rio Tinto took control of Riversdale Mining, which had the title to the Benga coal mine, the Moatize mine and other coal tenements. However, after a US billion writedown on its Mozambique assets in early 2013, Rio Tinto appointed UBS to advise it on selling its .

  • Mozambique: Vale Looking to Sell Stake in Mozambican Coal ...

    Mozambique: Vale Looking to Sell Stake in Mozambican Coal ...

    04/08/2014 · The chairperson of the Brazilian mining giant Vale, Murilo Ferreira, told reporters at the weekend that negotiations are under way to sell off some of the company's assets in Mozambique.

  • Mozambique

    Mozambique

    Mozambique has commercially important deposits of coal (high quality coking coal and thermal coal), graphite, iron ore, titanium, apatite, marble, bentonite, bauxite, kaolin, copper, gold, rubies, and tantalum. Mozambique holds some of the world's largest untapped coal deposits.

  • Brazil's Vale to divest troubled coal assets in Mozambique

    Brazil's Vale to divest troubled coal assets in Mozambique

    21/01/2021 · Brazil's Vale said on Thursday it is buying out minority stake partner, Japan's Mitsui Co, in a Mozambique coal mine and port project, ahead of selling the lossmaking asset as it .

  • Mozambique Mining: Indian Sol Mineração to start coal ...

    Mozambique Mining: Indian Sol Mineração to start coal ...

    19/10/2018 · Ravibhusan Bhardwej, managing director of Sol Mineração Moçambique, said feasibility studies revealed the presence of million tons of coal, of which only million tons could be sold, including million tons of coking coal and million tons of thermal coal.

  • Mozambique: Vale almost doubles coal production in second ...

    Mozambique: Vale almost doubles coal production in second ...

    "Vale Mozambique was close to doubling coal production levels, compared to the first three months of 2021," according to the note in the firm's Financial and Production Report. According to the document, with the sale of coal in the second quarter, the company earned 168 million, which corresponds to an increase of 56 million compared ...

  • Brazil's Vale hires banks to sell coal assets in ...

    Brazil's Vale hires banks to sell coal assets in ...

    21/01/2021 · Chartered to sell its Mozambique metallurgical and thermal coal mine and port project, three sources said on Thursday, as the Brazilian miner works to become carbon neutral

  • Mitsui to sell stake in Mozambique coal mine, logistics ...

    Mitsui to sell stake in Mozambique coal mine, logistics ...

    20/01/2021 · TOKYO, Jan 21 (Reuters) Japan's Mitsui Co said on Thursday it has agreed to sell its stake in the Moatize coal mine and Nacala Corridor rail and port projects in Mozambique to Brazil's Vale, the operator of the projects, for 1 each. The move comes as Vale, one of the world's biggest iron ore miners, said separately it has decided to ...

  • Mitsui sells its stake in Mozambique coal mine, logistics ...

    Mitsui sells its stake in Mozambique coal mine, logistics ...

    07/04/2021 · TOKYO, (Reuters) – Japanese company Mitsui Co announced on Thursday that it has agreed to sell its stake in the Moatize coal mine and the rail and port projects in the Nacala corridor in Mozambique to Brazil's Vale, the operator of projects, for 1 each.

  • Rio Tinto to Sell Mozambique Coal Assets for 50 Million

    Rio Tinto to Sell Mozambique Coal Assets for 50 Million

    30/07/2014 · Rio Tinto is selling its Mozambique coal assets to India's International Coal Ventures for 50 million, marking the end of one of the mining company's costliest deals during the .

  • Mitsui to sell stake in Mozambique coal mine, logistics ...

    Mitsui to sell stake in Mozambique coal mine, logistics ...

    20/01/2021 · Japan's Mitsui Co said on Thursday it has agreed to sell its stake in the Moatize coal mine and Nacala Corridor rail and port projects in Mozambique .

  • Rio Tinto sells Mozambique coal assets for US50 million

    Rio Tinto sells Mozambique coal assets for US50 million

    31/07/2014 · Elizabeth Knight: Rio's humiliation complete; Rio Tinto has washed its hands of its disastrous billion Riversdale Mining acquisition, by announcing a sale of its Mozambique coal assets for ...

  • Investors Evaluate Conditions of Coal Projects in Tete ...

    Investors Evaluate Conditions of Coal Projects in Tete ...

    24/08/2021 · Investors Evaluate Conditions of Coal Projects in Tete. 24/08/2021. National and foreign investors interested in Vale's coal businesses in Mozambique are due to carry out a visit in September to check the real conditions of the projects in question. After the visit, the interested parties may present their proposals until the end of December.

  • Mitsui to sell stake in Mozambique coal mine, logistics ...

    Mitsui to sell stake in Mozambique coal mine, logistics ...

    21/01/2021 · Japan's Mitsui Co said on Thursday it has agreed to sell its stake in the Moatize coal mine and Nacala Corridor rail and port projects in Mozambique to Brazil's Vale, the operator of the projects, for 1 each. The move comes as Vale, one of the world's biggest iron ore miners, said separate

  • Mozambique: Vale Looking to Sell Stake in Mozambican Coal ...

    Mozambique: Vale Looking to Sell Stake in Mozambican Coal ...

    04/08/2014 · 04/08/2014 · Last week Rio Tinto announced that it had agreed to sell its coal assets in Mozambique to International Coal Ventures Private Limited (ICVL) of India for just 50 million US dollars. Rio Tinto Coal ...

  • Vale agrees sale of stake in Mozambique coal operations ...

    Vale agrees sale of stake in Mozambique coal operations ...

    09/12/2014 · Brazilian mining major Vale has agreed to sell 15% of its interest in Vale Mozambique and 50% of its stake in the Nacala logistics corridor to Japanese trading house Mitsui. On completion of the transaction, which is expected to be finalised in 2015, Vale will own 81% of the Moatize coal mine and 35% of the Nacala rail and port project, the ...

  •  to sell stakes in Mozambique pipeline, power plant ...

    to sell stakes in Mozambique pipeline, power plant ...

    27/06/2020 · to sell stakes in Mozambique pipeline, power plant sources. , the world's top producer of motor fuel from coal, is trying to shed assets to pay off its debt pile and avoid a rights issue of up to 2 billion, but has not previously flagged the Mozambique assets as up for sale. Reuters; June 27, 2020, 14:13 IST

  • New investor in Mozambique coal

    New investor in Mozambique coal

    02/06/2010 · The Minas Moatize coal mine in Mozambique London, England — — 02 June 2010 – Another listed junior coal mining company is investing in Mozambique's huge Moatize coal field, but it is buying out the interests of the country's pioneering coal operator which has lost patience over the pace of development.. A company statement issued here said AIMlisted Beacon Hill ...

  • Coal

    Coal

    The Moatize Mine in Mozambique has been producing coal since September 2011, and represents our biggest investment within the segment. One of our biggest challenges in this country is logistics. We have invested in a railroad that connects to a port Nacala Corridor in order to transport the mine's output.

  • Rio Tinto to sell Mozambique coal assets | ...

    Rio Tinto to sell Mozambique coal assets | ...

    30/07/2014 · Rio Tinto to sell Mozambique coal assets. MINING giant Rio Tinto has agreed to sell its Mozambique coal assets for US50 million following the 4 .

  • Mozambique: Vale Looking to Sell Stake in Mozambican Coal ...

    Mozambique: Vale Looking to Sell Stake in Mozambican Coal ...

    04/08/2014 · Last week Rio Tinto announced that it had agreed to sell its coal assets in Mozambique to International Coal Ventures Private Limited (ICVL) of India for just 50 million US dollars. Rio Tinto Coal ...

  • Rio Tinto to sell Mozambique coal assets for US50m

    Rio Tinto to sell Mozambique coal assets for US50m

    06/08/2014 · Global miner Rio Tinto has agreed to sell the coal assets it bought through a 4 billion acquisition of Riversdale in 2011 for 50 million to an Indian joint venture; pulling the plug on its illfated venture in the coal sector of Mozambique. Image credit: Photographer: Christian Sprogoe PhotographyDate: 27 July 2009. According to the article on The Wall Street Journal, Rio ...

  • Rio Tinto pulls plug on illfated Mozambique coal venture

    Rio Tinto pulls plug on illfated Mozambique coal venture

    30/07/2014 · By Silvia Antonioli and James Regan LONDON/SYDNEY, (Reuters) Rio Tinto has agreed to sell coal assets it bought through a 4 billion acquisition of Riversdale in 2011 for just 50 million to an Indian joint venture, ending its illfated venture in Mozambique's coal sector. The sale of Rio Tinto Coal Mozambique to International Coal Ventures Private Limited (ICVL), includes the Benga coal ...