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Vale Starts Study on Coal Terminal at Mozambique’s Deepwater Nacala Port
Jul. 05, 2011 07:44AM PST
Industrial MetalsBloomberg reported that Vale (NYSE:VALE) has begun a study regarding a potential new coal terminal in northern Mozambique.
Bloomberg reported that Vale (NYSE:VALE) has begun a study regarding a potential new coal terminal in northern Mozambique.
The market news is quoted as saying:
The project is expected to cost about $1.5 billion, Mualeia, chairman of Caminhos de Ferro de Mocambique, known as CFM, said in an interview.