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Beacon Hill secures 500 000 t/y Sena rail capacity

11th February 2013

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – ASX- and Aim-listed Beacon Hill Resources has secured access to 500 000 t/y of rail capacity on Mozambique’s Sena rail line.

This followed the completion of an interim rail access agreement with the Portos e Caminhos de Ferro de Moçambique, Beacon Hill chairperson Justin Farr-Jones said.

The coal junior aimed to start moving export coking coal along the Sena line from its Minas Moatize mine, in the Tete province, to the Port of Beira, from April.

Two locomotives, each pulling 42 sixty-three-ton-capacity wagons, would initially be used, before ramping up to five locomotives and 90 coal wagons.

A lease agreement, signed in early February with South African joint venture company Thelo Rolling Stock Leasing, would provide the Minas Moatize mine access to rolling stock for a ten-year period.

The mine, the third major coal exporter on the Sena line, would share capacity with existing coal exporters Rio Tinto and Vale.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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