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.
Get PriceInvestors interested in buying the Brazilian company Vale's coal concession in Tete province will present "firm proposals" by December, Mozambique's Minister of
Get Price08/06/2021 · 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 .
Get Pricebrazil'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.
Get Price09/12/2014 · (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.
Get Price04/02/2021 · 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 .
Get PriceClashes 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.
Get Price25/01/2021 · 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.
Get Price09/04/2013 · 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 ...
Get Price22/04/2021 · 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.
Get Price09/03/2021 · 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 ...
Get Price27/08/2013 · 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 ...
Get Price20/01/2021 · 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.
Get PriceValeMozambique, 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.
Get Price08/06/2021 · 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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