China produces half the world s steel and is anxious to replace Australian coal which has been stopped because of a diplomatic confrontation India is the second largest global importer of coal and an Indian ICVL company bought the Rio Tinto mine in Benga in 2024 mainly for coking coal Another Indian company Jindal also has a coal mine in
Get PriceMozambique coal prospects • The core business is coking coal for export possibly 56 Mt/y by 2024 but current levels are 4 6 Mt/y • New power projects will use either coal washery products or associated steam coal unlikely to dent the export contracts • Some interest in coal to liquids and fluidised
Get PriceThe US$ billion investment is to transform the mined coal into coking coal for export to Brazil The construction of the Nacala plant financed by the Chinese government is a twelve months project expected to annually export 4 million tonnes of coal on completion According to media reports Mozambique government approved 92
Get PriceThe last annual period has seen significant strides achieved towards the evacuation of the coking coal and high grade thermal coal with the first shipment of 36 000 metric tonnes of coal exported during the 1st quarter of 2024 Jindal Africa s primary intention of establishing operations in Mozambique is to fulfill the vision of erecting
Get PriceBenga is a greenfield coking and thermal coal mine located in the Tete Province of Mozambique Environmental approval EIS for the mine was granted in January 2024 commercial coal production started in May 2024 and the first coal exports were made in June 2024
Get PriceRiverside s chief financial officer Steve Thomas told the Cape Town Mining Indaba that his company hopes to export 6m tonnes of coking coal and 2m tonnes of thermal coal by the second half of 2024 Gremach Infrastructure is the latest Indian company to have struck coal and claims to have a deal with a big private sector steel maker
Get PriceThe Indian state owned International Coal Ventures Ltd ICVL intends to invest 500 million US dollars over the next three years in logistics and infrastructure for the coal assets in Mozambique which it purchased recently from the Anglo Australian company Rio Tinto According to a senior ICVL official cited in the Indian press ICVL is also looking …
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Get PriceThe Benga licence near Tete in Mozambique covers an area of 4 560 hectares and is jointly held by Riversdale and Tata Steel In an intimation to stock exchanges Riversdale has informed that the potential coal products after beneficiation which could be produced from Benga include hard coking coal and a secondary thermal coal product
Get PriceTata also owns a 35 percent interest in Riversdale s Benga project in Mozambique where exports are scheduled to start next year Global demand for coking coal may rise 16 percent to 259
Get PriceThe Benga Coal Mine is a coal mine located in Tete Changara District Tete Province Mozambique The mine has coal reserves amounting to billion tonnes of coking coal one of the largest coal reserves in Africa and the world [1] The mine is operating and is currently producing prime hard coking coal and thermal coal [2]
Get PriceMozambique already exports some coal from Matola Coal Terminal at Maputo and by rail to the neighbouring state of Malawi but the government believes that output could be much higher The Benga and Tete concessions cover a total of 24 960 hectares and hard coking coal from the Mozambican mines will be shipped to Corus steel
Get PriceReserve estimates at the Benga project are revised upwards An independent reserve estimate for Riversdale Mining Ltd s 65%‐owned Benga coal project in Mozambique s Tete region has raised the total by 84% to 502Mt according to the company Riversdale has also received confirmation from independent coal‐quality tests that the coking coal it intends to produce from Benga would be
Get PriceWe are committed to bringing the Benga Coal Project into first production during 2024 and we will be supplying the world s coking coal markets in 2024 initially through our relationship with
Get PriceNEW DELHI Reuters An Indian group that has agreed to buy Rio Tinto s Benga mine in Mozambique plans to nearly triple production from there to up to 13 million tonnes per year in three years the group s chairman told Reuters on Thursday partly owing to a failure to secure a permit to move coal by barge down Mozambique s Zambezi
Get PriceJSPL Mozambique Minerais in tends to increase coal produc tion from the current million to million tonnes this year Rajendra Tiwari the director gen eral of the company recently said work to expand the coal processing unit has been under way since the first half of 2024
Get PriceThe geology of the Zambeze project is similar in structure to Benga and as of end May the coal resource estimate at Zambeze stood at 9 billion tonnes Wisco will earn the right to buy at least 40% of the coking coal produced from Zambeze as well as the right to buy at least 10% of the coking coal from Benga in both cases on market terms
Get PriceMozambique s coal reserves are among the largest undeveloped coal reserves in the world International mining companies such as Vale and Coal India are in the process of developing world scale thermal and coking coal mines which could allow Mozambique to export between 20 50 million tonnes of coal per annum However the development of these
Get PriceICVL has a majority stake of 65% with the balance held by Tata Steel The Moatize Coal Basin in Mozambique from where this coal will be sourced is stated to be the second largest coal basin in the world after the Bowen Basin in Australia The Benga Mine currently produces about million tonnes per annum of premium grade coking coal
Get PriceRiversdale s main interest is its 65% stake in Benga a coking coal project in Tete a far northern western province of Mozambique Tata Steel owns the balance of 35% in Benga
Get PriceThe estimated reserves at Benga are billion tonnes 70 percent of which is the coking coal used in making steel Rio Tinto acquired Benga and its other Mozambican coal assets when it purchased the Australian company Riversdale for $ billion in 2024 IVCL was one of the companies beaten by Rio Tinto in the bidding for Riversdale
Get PriceThe company would invest A$270 million on the stage one development which would produce 1 7 million tons a year of hard coking coal and 0 3 million tons a year of thermal coal for the export market
Get PriceAustralian coal producer Riversdale Mining has received environmental approval from Mozambique for the construction of its Benga power plant The power station which would be developed in two
Get PriceDrilling underway at Benga by Riversdale Mining one of the many licence holders for coal exploration in Mozambique Maputo Mozambique — — 12 August 2024 The Mozambican authorities have issued 125 licences for coal exploration to date mostly in the western province of Tete 96 and the northern most province of Niassa 18
Get PriceRIO TINTO The miner expects its Benga project initially to produce 2 million tonnes of coal made up of million tonnes of coking coal and million of thermal coal Benga is scheduled to
Get PriceThe Benga mine produces prime hard coking coal and thermal coal Rio Tinto had acquired these assets for $ billion in 2024 as part of its acquisition of Riversdale Mining and later commenced
Get PriceRiversdale Mozambique has signed a contract with McC Contracts for its first open pit mine the Benga coal mine in The contract with McC includes open pit mining and associated services with production planned for million tons a The targeted annual output is million tons of hard coking coal and million tons of export thermal coal
Get PriceThe steelmaking raw material broke its fall at $ on Friday still $140 below its multi year high of $ per tonne Australia free on board premium hard coking coal tracked by the Steel
Get PriceAccording to Bloomberg the locomotives and railcars will probably be delivered in April 2024 before the mines starts exporting coal in September 2024 The Benga mine is expected to produce million metric tons mt of metallurgic coal a year by the second half of 2024 some of it for the proposed Benga Power Plant
Get PriceThe Revuboe concession is close to the coal projects operated by Rio Tinto the Benga and Zambeze projects and to the open cast mine of the Brazilian company Vale It has an estimated reserve of billion tonnes of coking and thermal coal Coking coal is used in steelmaking and is in great demand in Asia
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