Vale to export first coal shipment from Mozambique

Wednesday, 14 September 2011 02:42:38 (GMT+2)

The 35,000 metric ton thermal coal shipment also marks the completion of Vale's first phase of development in the Moatize mine. Vale's mining operations in Tete began in May of this year, and so far, Vale has already invested US$1.658 billion in the project which will eventually have an 11 million metric ton production capacity of both metallurgical and thermal coal.

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