The eight consortia vying to develop the $5bn hydroelectric mega project include state-owned companies from Zimbabwe and Zambia, major energy and construction companies from Europe and Asia, and an agricultural commodities trading group
Browsing: Mitsui
Welcome to Zitamar’s daily Mozambique briefing for 9 June, 2021 Jun 9 Agenda: Environment minister…...
Total pulled all its staff out of the Mozambique LNG project today, leaving the security of the mothballed project entirely in the hands of Mozambique’s defence and security forces
Welcome to Zitamar’s daily Mozambique briefing for 3 March, 2021 Zitamar Ltd Mar 3 Agenda:…...
Welcome to Zitamar’s daily Mozambique briefing for 22 January, 2021 Zitamar Jan 22 Agenda: Today…...
Vale and Mitsui, the Brazilian and Japanese giants who jointly own the Moatize coal project and Nacala logistics corridor in Mozambique, are to quit the projects
The company running the railway line from Moatize to Nacala, Nacala Port, and the Nacala coal terminal, lost $16m in Q3 as general cargo and coal traffic dropped dramatically
A severe drop in global demand forced Vale to stop mining coal last month temporarily — something it may have to do again in the near future
State-run port and rail company CFM is taking back control of Nacala port from Vale and Mitsui, who still run the rest of the Nacala Logistics Corridor
Vale has announced a “reassessment” of its strategy for mining coal in Mozambique, but the company’s problems go back years and are more complex than its announcement suggests