Thursday, 03 Nov 2011
According to Mr Eric Finlayson CEO of Rio Tinto Coal Mozambique, Rio Tinto considers using the Zambezi River to transport coal from Tete to be a better solution than the Nacala railroad.
Mr Finlayson during a visit by the President of Mozambique to Rio Tinto’s facility in the Karratha region, some 1,300 kilometres from the city of Perth, said that the Zambezi was an interesting alternative to the Nacala railroad as the distance between Moatize and the port was 900 kilometres by rail and only 500 kilometres by river.
The two options are a solution to the low transport capacity of the Sena railroad, with a current maximum of 6 million tonnes per year and Brazilian mining company Vale plans to invest in the construction/repair of the railroad between Moatize and the port of Nacala.
Mr Finlayson, cited by the Mozambican press as saying that “Coal resources of billions of tonnes are being developed by Rio Tinto and by Vale, amongst other companies, and the railroad from Moatize to Beira is the only operational facility for transporting the coal and massive investment is needed in infrastructure to achieve significant levels of production.”
During the visit, President Armando Guebuza watched the process of unloading trains, transport of the ore on a conveyor belt to the warehouse, amongst other operations and also visited other facilities.
The chief executive of Rio Tinto, Doug Ritchie, gave the Mozambican government assurances that his company had the technical and financial capacity to carry out the coal project in the central province of Tete successfully.
The Rio Tinto group took ownership of the Mozambican mining assets of Australia’s Riversdale Mining following a takeover bid that ended with the acquisition of the stakes owned by India’s TATA Steel and Brazil’s Company Companhia Siderúrgica Nacional.
(Sourced from macauhub)
According to Mr Eric Finlayson CEO of Rio Tinto Coal Mozambique, Rio Tinto considers using the Zambezi River to transport coal from Tete to be a better solution than the Nacala railroad.
Mr Finlayson during a visit by the President of Mozambique to Rio Tinto’s facility in the Karratha region, some 1,300 kilometres from the city of Perth, said that the Zambezi was an interesting alternative to the Nacala railroad as the distance between Moatize and the port was 900 kilometres by rail and only 500 kilometres by river.
The two options are a solution to the low transport capacity of the Sena railroad, with a current maximum of 6 million tonnes per year and Brazilian mining company Vale plans to invest in the construction/repair of the railroad between Moatize and the port of Nacala.
Mr Finlayson, cited by the Mozambican press as saying that “Coal resources of billions of tonnes are being developed by Rio Tinto and by Vale, amongst other companies, and the railroad from Moatize to Beira is the only operational facility for transporting the coal and massive investment is needed in infrastructure to achieve significant levels of production.”
During the visit, President Armando Guebuza watched the process of unloading trains, transport of the ore on a conveyor belt to the warehouse, amongst other operations and also visited other facilities.
The chief executive of Rio Tinto, Doug Ritchie, gave the Mozambican government assurances that his company had the technical and financial capacity to carry out the coal project in the central province of Tete successfully.
The Rio Tinto group took ownership of the Mozambican mining assets of Australia’s Riversdale Mining following a takeover bid that ended with the acquisition of the stakes owned by India’s TATA Steel and Brazil’s Company Companhia Siderúrgica Nacional.
(Sourced from macauhub)
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