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Mozambique Coal Industry to Benefit from Infrastructure
Dec. 08, 2011 02:37PM PST
Industrial Metals InvestingMining Weekly reported that production of coal in Mozambique justifies spending on the country’s infrastructure development.
Mining Weekly reported that production of coal in Mozambique justifies spending on the country’s infrastructure development.
As quoted in the market news:
The current price of thermal coal is about $100, while the price of coking coal is about $260. Jones states that this validates the necessity of infrastructure investments such as the $200-million Sena railway line refurbishment.