africa Coal commodities Economy FDI Mining Mozambique Natural Resources Trade

Vale’s coal production in Mozambique reaches 3.2M ton in 3rd quarter

Coal production in Mozambique at the Moatize mine in Tete province hit a record 3.2 million tonnes in the third quarter of the year, up 5.8% from the previous quarter, Brazilian mining company Vale said.

A report released by Vale said that against the same period of 2016, its coal production in Mozambique grew 38.3%.

The report shows that Mozambique’s coking coal production in the third quarter was 1.9 million tonnes, down 9.6% from the second quarter of the year.

In the same period the production of thermal coal was 1.4 million tonnes, or 37.7% more than in the previous quarter.

The Brazilian mining group also noted that its logistics operations in Mozambique reached a record volume of transported cargo, of 3.5 million tonnes in the third quarter, after an increase of 15% on the previous three months.

Vale’s iron ore output reached a record 95.1 million tonnes in the third quarter of the year, or 3.3 million tonnes over the previous quarter.

Source: Macauhub


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