Browsing: Heavy Industry
Premier African Minerals has completed its $2.1m acquisition of a 52% stake in TCT Industrias Florestais Limitada, which owns a large limestone deposit in Mozambique’s Sofala province.
The Mozambique government is trying to drum up interest in a phosphates deposit in northern Mozambique that Brazilian mining giant Vale abandoned 2014, Zitamar News has [...]
Mozambique’s plans to reduce reliance on imported fuel by using Rovuma Basin gas to produce diesel could fail due to the small quantities of gas available to the domestic market, as well as the costs of building such a facility, experts have warned. [...]
Mozambique’s oil and gas regulator, the Instituto Nacional de Petroleo (INP), has put an ambitious timetable to select which major projects will use domestic gas from the Eni- and Anadarko-led gas fields in the Rovuma basin.
Mozambique's foreign exchange shortage is hitting domestic cement producers who are struggling to secure finance to import key raw materials, industry leaders have told Zitamar News
Mozambique’s government has approved the creation of an industrial free zone around a planned steel mill in the province of Tete. Mining company Baobab Resources has been lobbying for the zone’s creation and is currently looking for a strategic investor - probably from China - to help them [...]
Mozambique’s Ministry of Mineral Resources and Energy (MIREME) will launch a tender next month to select companies to develop projects using the domestic gas allocation from the prolific Rovuma Basin in the north of the country. [...]
German multi-national Heidelberg Cement has bought a cement factory in Mozambique for €8.8 million ($10m) in cash from its anonymous owners in Mozambique and Mauritius. The deal to buy the Austral Cimentos Sofala (ACS) plant in Dondo, near the central port city of Beira, closed in April [...]