Browsing: Nacala Logistics Corridor

Coal The flood-damaged bridge over the River Revuboe. Photo © Fungai Caetano / Zitamar News
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Nine people have died and thousands have been left homeless by the flooding in Tete that has caused almost MZN 1 billion ($16 million) worth of damage to infrastructure in the province. The bridge over the Revubue, which connects Moatize with the city of [...]

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Coal A train on the Nacala Logistics Corridor. Photo: Mitsui
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Brazilian miner Vale has set a date to close its $2.7 billion project finance package for the Nacala Logistics Corridor in Mozambique, after the two biggest participants gave their approval for $2bn worth of lending and credit insurance.

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Infrastructure Sovereign Metals' route to Nacala along Vale/Mitsui's rail line.
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A graphite mining project in Malawi has signed a memorandum of understanding to allow it to export its graphite through the Mozambican port of Nacala using rail infrastructure built and operated by Vale and Mitsui.

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