Thursday 13 October 2011

Growth in store for Mozambique’s coal mining sector

Mozambique's coal mining sector is set to grow its export side on a large scale, according to analysts. Mining research analyst Christy Tawii at consultancy Frost & Sullivan says that the country's mining industry can expect radical change now that a spate of new coal projects, collectively worth roughly $6.65 billion, are being developed.

Speaking ahead of a webinar on African country's coal mining sector next week, Ms Tawii said: "The coal mining sector in Mozambique is set to radically transform the country's mining industry as a result of large scale projects.

"The aluminium exports, traditionally dominating the country's mineral export sales, are set to be overtaken by coal when the Rio Tinto's Benga and Zambeze start exporting coal on a large scale in 2013."