Fraud charges for Rio Tinto over disastrous Mozambique coal deal
Rio Tinto, its former CEO Tom Albanese, and former CFO Guy Elliott have been charged…
Browsing: Moatize
IFC out of Vale-Mitsui’s $2.7bn Mozambique project finance deal
The International Finance Corporation (IFC) has pulled out of the $2.7 billion project financing being…
Profits up again at Vale Mozambique despite losses at Beira terminal
Profits at Vale’s coal operation in Mozambique rose again last quarter to $157 million due…
Feature: Companies and communities clash over Mozambique ‘land-grabs’
Some of Mozambique’s biggest commercial projects are harming the livelihoods and living standards of local…
Vale hits new coal mining records in Mozambique
Brazilian mining giant Vale has set a new record for coal for its Mozambican mining…
Protester killed by police at Vale Mozambique coal mine
Brazilian mining giant ignored warnings from community leaders over likely protests Locals say mine expansion…
New head of coal in Vale board reshuffle
Brazilian mining giant Vale has appointed a new executive board, with former head of coal…
Sino-Portuguese JV signs $2.4bn Mozambique port and railway deal
Portuguese civil engineering contractor Mota Engil announced this week it has signed a $2.4 billion…
Vale Mozambique sets new production record with 50% growth in Q1
Vale’s coal operations in Mozambique set new records in the first quarter of 2017, the…
Mitsui completes $733m investment in Vale’s Mozambique coal projects
Japanese conglomerate Mitsui has completed its $733 million acquisition of a significant stake in Vale’s…