Browsing: Extractives

Agriculture A Yara fertilizer plant and phosphate rock mine in Finland. Photo © Yara
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A fertiliser plant planned by Norway’s Yara using Rovuma Basin gas, “is no longer in a position to advance,” because the domestic gas price is too high, according to a senior official at Mozambique’s petroleum regulator, INP. Yara’s 1.2 million tonne per annum plant,

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Extractives Rovuma LNG logo_article
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The Mozambican government is pushing for ExxonMobil to take a final investment decision (FID) on its Rovuma LNG project before elections on 15 October, but a combination of higher-than-expected engineering, procurement and construction (EPC) bids, and growing uncertainty around the security [...]

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Coal Striking employees of Black Gold Resources, contracted to mine coal for ICVL. Photo © Fungai Caetano / Zitamar News
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Police fired tear gas on striking coal miners in the province of Tete on Thursday, who were protesting at poor treatment by an Indian contractor of Indian state-owned mining consortium ICVL — which is hoping to expand its activities in the province.
Extractives A map of Triton's Cabo Delgado licences. Photo: Triton Minerals
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A state-owned Chinese company is to take a 34% stake in graphite producer Triton Minerals for A$19.5 million (US$13.6m), which Triton says will allow it to complete the financing of its graphite mine project in Cabo Delgado province, which looks set to [...]

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Extractives Photo: US Exim Bank Facebook page
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The Anadarko-led Area 1 consortium has assembled a large group of state-owned export credit agencies (ECAs) to support the financing of the $20 billion Mozambique LNG project which reached its final investment decision (FID) on 18 June, sources have told [...]

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