• Clashes at coal mine owned by Vale in Mozambique

    17/04/2013 · Hundreds of protesters blocked the entrance to a coal mine in Mozambique owned by Brazil's Vale (NYSE:VALE), in a dispute over a compensation deal agreed upon after they were reloed, reports AFP.

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  • Mozambique expects "firm proposals" for Vale's coal mine ...

    Investors interested in buying the Brazilian company Vale's coal concession in Tete province will present "firm proposals" by December, Mozambique's Minister of

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  • Vale to pay US billion to settle liabilities in ...

    08/06/2021 · Vale to pay US billion to settle liabilities in Mozambique mine corridor. Brazil's Vale announced in January that it was buying out minority stake partner, Japan's Mitsui Co, in the Mozambique mine and port project, ahead of selling the lossmaking asset as .

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  • Coal Mine In Mozambique

    brazil's vale to divest troubled coal assets in . 1/21/2021· mitsui has posted a series of impairment losses, totalling billion yen (451 million), on its mozambique coal and infrastructure assets, taking the book value of its stake in the moatize mine to zero. the nacala transport corridor still has a book value of about 500 million, including its loans, it said.

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  • Vale sells stake in Mozambique coal mine to Mitsui for ...

    09/12/2014 · (Reuters) Brazil's Vale SA said on Tuesday it sold a stake in its Mozambique coal mine to Japanese trader Mitsui Co Ltd for 763 million, as it looks to shore up its balance sheet during a period of lower commodity prices. Reuters reported the deal last week, citing sources. Mitsui also confirmed the report on Tuesday. Shares in Vale were down 2 percent in morning trade in Sao Paulo.

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  • Vale's Mozambique coal project: A bottomless pit?

    04/02/2021 · After 10 straight years of losses in its Moatize coal project, Brazilian mining major Vale is planning its exit from Mozambique. B L Premium. 04 February 2021 .

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  • Mozambique: Protesters block Vale's coal mine

    Clashes at coal mine owned by Vale in Mozambique. Cecilia Jamasmi. 17 April 2013. Hundreds of protesters blocked the entrance to a coal mine in Mozambique owned by Brazil's Vale, in a dispute over a compensation deal agreed upon after they were reloed, reports AFP.

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  • Vale to quit Mozambique coal

    25/01/2021 · 25/01/2021 · The Brazilian mining company VALE is reportedly on the verge of divesting its coal and port projects in Mozambique as it pursues plans to become carbon neutral by 2050. It also decided to concentrate on its core activities. In the southern African region, Vale operates the Moatize coal mine and Nacala Corridor rail and port projects.

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  • Mozambique protesters at Brazilowned Vale coal mine

    09/04/2013 · Mozambique profile. Hundreds of protesters have blocked the entrance to a coal mine in Mozambique in a row over a compensation deal agreed after they were displaced. The demonstrators demanded further compensation for being uprooted five years ago to make way for the colliery. The Brazilian corporation Vale insisted it had already done enough ...

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  • Brazilian miner acquires Mozambique coal mine as part of ...

    22/04/2021 · Brazilian miner acquires Mozambique coal mine as part of exit strategy : Vale SA (NYSE : VALE) has inked a deal to acquire Mitsui Co's stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon neutral by 2050.

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  • Brazil's Vale Worsens Loss at Coal Mines in Mozambique ...

    09/03/2021 · Brazil's Vale Worsens Loss at Coal Mines in Mozambique . 09/03/2021 . 0 Shares. 0. Read Next. How Respect for Individuality Contributes to the Success of the Collective. The main coal mines in Mozambique have lost a third of their production and more than half of their sales revenues, worsening the loss in 2020, compared to the previous year ...

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  • Mozambique Villagers Exposed to OpenPit Coal Mine | Voice ...

    27/08/2013 · Civil society groups in Mozambique are crying foul over the actions of an Indian coalmining company in the remote, northeastern province of Tete. They accuse Jindal Steel of conducting openpit ...

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  • Mitsui to sell stake in Mozambique coal mine, logistics ...

    20/01/2021 · Mitsui has posted a series of impairment losses, totalling billion yen (451 million), on its Mozambique coal and infrastructure assets, taking the book value of its stake in the Moatize mine to zero. The Nacala transport corridor still has a book value of about 500 million, including its loans.

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  • Mozambique: Record Output in 2017 From Vale Coal Mine ...

    ValeMozambique, the Mozambican subsidiary of the Brazilian mining giant Vale, in 2017 produced a record amount of coal from its open cast mine in Moatize district, in the western province of Tete.

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  • Vale to pay to settle Mozambique coal mine ...

    08/06/2021 · Vale (VALE) says it will prepay an outstanding ~ balance related to project financing for the Nacala logistics corridor that serves the Moatize coal mine in company...

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