First coal shipment from Vele destined for export market

South Africa-based coal producer Coal of Africa Limited (CoAL) has announced that the first shipment from its Vele colliery located in Limpopo Province is destined for the export market.
 
The first shipment of approximately 1,500 mt of thermal coal was loaded at Musina, on Tuesday, April 24, and is destined for the Matola Terminal in Maputo, Mozambique, from where it will be shipped and sold to Asian markets.
 
Coal extraction at Vele commenced in December 2011. In the first phase of production, Vele is expected to produce approximately 1 million mt of saleable coking coal per year.