Coal Rail Line Upgrade in Mozambique In Progress

Reuters reported that a coal rail line upgrade linking coal mines to the port of Beira should be finished in November 2012.

As quoted in the market news:

CFM was asked to complete the upgrade of the Sena line after the government cancelled a contract it had with India’s Rites and Ircon (RICON) when the consortium had failed to deliver the project despite many delays.

Click here to read the full Reuters report.