Monday, 05 Mar 2012
Macau Hub quoted Mr Paulo Zucula transport minister of Mozambique as saying that the Mozambican government has rejected a proposal put forward last year by Australian company Riversdale Mining and later supported by the Rio Tinto group, to transport coal along the Zambezi River.
He said that the environmental impact of the proposal was very negative and that it was not possible to use river transport to carry coal from Tete province to the coast.
Riversdale Mining proposed, in an initial phase, to carry 2 million tonnes of coal per year on barges along the Zambezi to the port of Beira, which would progressively be increased to 12 million tonnes.
He added that "Every four years we have problems with the Zambezi bursting its banks and killing people and if we dredge the river and widen its banks we are going to have more problems."
The current capacity for carrying the coal by rail from Tete to the port of Beira along the Sena line is limited to 6 million tons per year but the minister gave assurances that the mining companies would not have problems transporting the coal and the government planned to increase capacity on the Sena line and other railroads and port facilities.
Mr Zucula said that "The only problem is one of scheduling as the government is seeking funding to carry out existing plans. By the end of the year the Sena line would have the capacity to carry 10 million tons per year and that in 2013 the port of Nacala would start being repaired and two railroads would be built."
Source - Macau Hub
Showing posts with label Zambezi coal basin. Show all posts
Showing posts with label Zambezi coal basin. Show all posts
Monday, March 5, 2012
Thursday, November 3, 2011
Rio Tinto calls for river based solution to transport coal from Moatize
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)
Saturday, March 12, 2011
Mozambique Ncondezi Coal plans to invest $400 mln
Sat Mar 12, 2011 2:51pm GM
MOATIZE, Mozambique, March 12 (Reuters) - Mozambique coal company Ncondezi (NCCL.L: Quote) plans to invest up to $400 million in the Zambezi coal basin and is expected to start producing coal by 2015, Chief Executive Graham Mascall said on Saturday.
"We will invest between $380 and $400 million by (2019)," he said.
Ncondezi is planning to produce coal in the Zambezi coal basin of Mozambique in the same area where mines are being developed by Brazilian mining giant Vale (VALE5.SA: Quote) (VALE.N: Quote) and Riversdale Mining (RIV.AX: Quote).
It also hopes to export 10 million tonnes a year of thermal coal -- used to fuel power stations -- to the Indian market by 2015.
"We start by producing 2.5 million tones on coal by the first quarter of 2015 then expand our output," Mascall said, adding that the group may export coal to India, Brazil and China. (Reporting by Charles Mangwiro; editing by Gugulakhe Lourie, sourced :Thomson Reuters)
"We will invest between $380 and $400 million by (2019)," he said.
Ncondezi is planning to produce coal in the Zambezi coal basin of Mozambique in the same area where mines are being developed by Brazilian mining giant Vale (VALE5.SA: Quote) (VALE.N: Quote) and Riversdale Mining (RIV.AX: Quote).
It also hopes to export 10 million tonnes a year of thermal coal -- used to fuel power stations -- to the Indian market by 2015.
"We start by producing 2.5 million tones on coal by the first quarter of 2015 then expand our output," Mascall said, adding that the group may export coal to India, Brazil and China. (Reporting by Charles Mangwiro; editing by Gugulakhe Lourie, sourced :Thomson Reuters)
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