By: ReutersUpdated 4 hours ago
Brazilian miner Vale plans to start exporting coal along the Nacala rail and port corridor in Mozambique and Malawi in the third quarter after heavy rains damaged the rail line, the firm's head of coal told Reuters on Friday.
The Moatize mine remains on track to reach a run rate of 11-million tonnes of coal per year by mid-2016, Vale executive director of coal and fertilisers Roger Downey said on the sidelines of the Japan-Africa Mining & Resources Business Seminar in Tokyo. Current production is seven-million tonnes per year. →