Heidelberg Cement buys Mozambique plant for $10 million
German multi-national Heidelberg Cement has bought a cement factory in Mozambique for €8.8 million ($10m)…
Browsing: Heavy Industry
Mozal profit falls to zero despite record production in 2015-2016
Aluminium smelting company Mozal, located on the outskirts of Mozambique’s capital Maputo, made no profit…
Kenmare wins permission to mine Mozambique ‘Holy mountain’
Irish miner Kenmare Resources has been given the all clear to begin exploration work on…
Mozambique $1bn steel project aims to become ‘nucleus’ of new industrial zone
Baobab Resources is looking to sell a majority stake in its planned iron and steel…
Mozambique energy sector wages up 10% amid calls for public sector austerity
Workers in the mining and energy sectors will benefit most from new minimum wages announced…
Low oil prices cast doubt on Mozambique’s Gas Master Plan
Monetising Mozambique’s vast Rovuma Basin gas reserves via gas to liquids (GTL) projects, as prioritised…
Mozal profits quadrupled in 2015
Mozal, the aluminium smelting business at Beleluane, Maputo, saw its profits almost quadruple last year…
Government shuts cement warehouses for over-charging – O Pais
A government regulator has shut down three cement warehouses in the northern port city of…