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coal-investing

Mozambique: The Birth Of a New Coal Exporter

Investing News Network
Sep. 01, 2011 02:02PM PST
Industrial Metals Investing

Platts reported that Mozambique is becoming an important country for coal exports.

Platts reported that Mozambique is becoming an important country for coal exports.

The market news is quoted as saying:

Brazilian giant Vale is investing $1.7 billion in its Moatize project, where output is expected to reach 11 million mt/year by end-2013, comprising 8.5 million mt/year metallurgical coal and 2.5 million mt/year thermal.

To read the full market news, click here.

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