Browsing: Extractives

Extractives Drilling offshore Mozambique. Photo: Anadarko
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The International Monetary Fund (IMF) has drastically revised its estimates of Mozambique’s future LNG capacity from around 20 million tonnes per annum (mtpa) to 89 mtpa, a total that would make the country the world’s third largest LNG producer by 2028, behind Australia and the United [...]

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Coal The Benga coal mine in Tete. Photo: Rio Tinto
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Indian coal mining consortium ICVL, which took over Rio Tinto’s coal mines in Tete province after Rio wrote off its $3 billion investment there, is understood to have stopped mining while it selects a new contractor to operate its Benga mine after the previous contract ended at the end of 2015. [...]

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Coal Work on Mozambique's Sena rail line rehabilitation, completed in 2016. Photo: Mota Engil
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The rail line taking coal from Mozambique's coal-rich province of Tete to the Indian Ocean port of Beira should be expanded to 20 million tonnes per annum this year - but the size of Beira's coal terminal means export capacity remains constrained