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Thursday, June 30, 2011

Vale to produce 6.37 million mt of coal in Mozambique next year

Thursday, 30 June 2011

Brazil's Vale SA plans to produce 1.56 million metric tons (mt) of coal at its Moatize mine in Mozambique this year, with output rising to 6.37 million mt in 2012. The mine currently has an 11 million mt capacity and is still in its first stage of production.

By 2014, production capacity at the Moatize mine is expected to rise to 22 million mt of coal--about two-thirds of coal output at Moatize is of metallurgical coal, and the rest is thermal coal. Vale is due to make its first export shipment this October.

Tags: Met Coke , Brazil , Mozambique , Vale , raw mat , Africa , East Africa , South America , mining , production
(sourced steelorbis)

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