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Mozambique - Vale

Vale is a global mining company, transforming natural resources into prosperity and sustainable development. Headquartered in Brazil and present in about 30 countries, we employ approximately 125,000 people between direct employees and permanent conPulverizers.

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Vale to acquire Mitsui’s stakes in Mozambique coal

21-01-2021  Brazilian firm Vale has signed a heads of agreement (HoA) to acquire Japan-based Mitsui Co's stakes in the Moatize coal mine in Mozambique and Nacala Logistics Corridor (NLC) in south-east Africa. Vale intends to acquire Mitsui’s stake in Moatize mine and NLC assets.

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Vale to increase coal production in Mozambique in

29-11-2019  The Vale mining group intends to produce 15 million tons per year at the Moatize coal mine, Tete province, Mozambique, in the second half of 2020, the Brazilian group said in a statement announcing US$3.2 million in impairments.

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Mozambique: 20 companies interested in Vale’s

24-03-2021  Max Tonela said that Vale’s replacement operation at the Moatize mine in Tete province, central Mozambique, and the Nacala Logistic Corridor (CLN), could be extended until December this year. The process of a new operator taking over the mine and logistics corridor would be conducted so as to ensure that the new company was equal to or better than Vale, he added.

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Vale’s Moatize biggest company in Mozambique,

Vale Mozambique, the majority-owned subsidiary of Brazilian major mining group Vale, has been ranked as the biggest company in the African state, for the second year in a row.

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Vale: Moatize Coal Project in Mozambique – Facing

Apart from the loss of their land, these families also suffered health impacts as a result of the dust produced by Vale’s mining activities, changes in social relations, destruction of livelihoods, and radical changes in traditional cultures due to the resettlement. The

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Coal - Vale

Vale is a global mining company, transforming natural resources into prosperity and sustainable development. Headquartered in Brazil and present in about 30 countries, we employ approximately 125,000 people between direct employees and permanent conPulverizers.

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Mozambique - Vale

Vale is a global mining company, transforming natural resources into prosperity and sustainable development. Headquartered in Brazil and present in about 30 countries, we employ approximately 125,000 people between direct employees and permanent conPulverizers.

FreeChat

Vale to acquire Mitsui’s stakes in Mozambique

Brazilian firm Vale has signed a heads of agreement (HoA) to acquire Japan-based Mitsui Co's stakes in the Moatize coal mine in Mozambique and Nacala Logistics Corridor (NLC) in south-east Africa. Vale intends to acquire Mitsui’s stake in Moatize mine and NLC assets.

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Vale hires banks to sell coal assets in Mozambique ...

Vale, the world’s second-biggest iron ore miner, on Thursday agreed to buy out its minority partner in the loss-making Moatize coal mine and Nacala Corridor rail and port projects in Mozambique ...

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Vale Mozambique produces over 50k seedlings to

Vale is the main coal mining company in Mozambique, which in turn is the country’s main export product, especially to Asia. In January, Vale announced its intention to sell its coal mining in the country, citing the objective of becoming carbon neutral by 2050 and reducing some of its main sources of pollution by 2030.

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Mozambique: Vale Announces Three Month

The Brazilian mining giant Vale on Tuesday announced that it will close down its coal mine in Moatize, in the western Mozambican province of Tete, for three months next year for "maintenance".

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Coal mining in Tete Province by Vale and other

14-02-2019  Brazilian major mining group Vale extracts coal from the Moatize mine in the Tete province of Mozambique. In 2012, the board of Vale was planning a $6 billion expansion of the mine with plans to lift output from 11 million tons to 22 million tons per year.

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Clashes at coal mine owned by Vale in

Hundreds of protesters blocked the entrance to a coal mine in Mozambique owned by Brazil’s Vale (NYSE:VALE), in a dispute over a compensation deal agreed upon

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Vale invests $250 mln in Mozambique coal mine

17-11-2008  MAPUTO, Nov 17 (Reuters) - Brazil's mining giant, Vale VALE5.SA, the concession-holder on coal mining in Moatize, says it invested $250 million to reactivate mining in Mozambique

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Assembling the South–South through Extraction:

It does so by approaching the advent and engagement of Brazil’s mining multinational Vale S.A. in Mozambique. Driven by coal extraction, this is to date Brazil’s major business project in Africa and Mozambique’s largest foreign investment in operation.

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Mineral industry of Mozambique - Wikipedia

Most of Mozambique's mining and mineral processing operations are privately owned, including the cement plants, the Mozal aluminium smelter, and the Temane gas processing plant. Artisanal miners produce gold and aquamarine, tourmaline, and other gemstones. Carbomoc E.E., which was the country's only coal producer, is state-owned.

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Brazil's Vale to divest troubled coal assets in

Brazil’s Vale said on Thursday it is buying out minority stake partner, Japan’s Mitsui Co, in a Mozambique coal mine and port project, ahead of selling the loss-making asset as it works to ...

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Vale Mozambique produces over 50k seedlings to

Vale is the main coal mining company in Mozambique, which in turn is the country’s main export product, especially to Asia. In January, Vale announced its intention to sell its coal mining in the country, citing the objective of becoming carbon neutral by 2050 and reducing some of its main sources of pollution by 2030.

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Vale to quit Mozambique coal - Mozambique

The Brazilian mining company VALE is reportedly on the verge of divesting its coal and port projects in Mozambique as it pursues plans to become carbon neutral by 2050. It also decided to concentrate on its core activities. In the southern African region, Vale operates the Moatize coal mine and Nacala Corridor rail and port projects.

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Vale targets coal exit as it prepares sale of Moatize

Vale targets coal exit as it prepares sale of Moatize mine in Mozambique. Mining Coal. By Andrew Fawthrop 21 Jan 2021. The Brazilian miner will acquire a partner's 15% share in Moatize coal mine, ahead of a planned divestment of the entire project and its associated infrastructure.

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Vale mining hires Barclays and Standard

22-01-2021  Vale mining hires Barclays and Standard Chartered banks to sell coal assets in Mozambique. January 22, 2021. January 22, 2021. Frank. MOZAMBIQUE – Vale. SA, world’s largest iron ore producer, has hired investment banks Barclays and Standard Chartered to sell its Mozambique metallurgical and thermal coal mine and port project, have told Club of ...

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Brazil's Vale to divest troubled coal assets in

TOKYO (Reuters) - Brazil’s Vale said on Thursday it is buying out minority stake partner, Japan’s Mitsui Co, in a Mozambique coal mine and port project, ahead of selling the loss-making ...

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Vale invests $250 mln in Mozambique coal mine

17-11-2008  MAPUTO, Nov 17 (Reuters) - Brazil's mining giant, Vale VALE5.SA, the concession-holder on coal mining in Moatize, says it invested $250 million

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Clashes at coal mine owned by Vale in

Hundreds of protesters blocked the entrance to a coal mine in Mozambique owned by Brazil’s Vale (NYSE:VALE), in a dispute over a compensation deal agreed upon

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Mozambique: Vale Expanding Moatize Coal Mine

Tete (Mozambique), 12 Jul (AIM) - Vale-Mozambique, the local subsidiary of the Brazilian mining giant Vale, intends to expand its open cast coal in Moatize district, in the western province of Tete.

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Vale to shutter Mozambique coal operations ... -

Vale SA, the Brazilian mining giant, plans to place its Mozambican coal operations on maintenance for three months, essentially closing the tap on about one-third of the southeast African country...

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Vale to quit Mozambique coal and port assets as

VALE, the Brazilian mining firm, is to divest of its Mozambique coal and port projects as it pursues plans to become carbon neutral by 2050, said Reuters citing the company. It also wanted to focus on its core operations. Vale operates the Moatize coal mine and

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Vale Mozambique produces over 50k seedlings to

Vale is the main coal mining company in Mozambique, which in turn is the country’s main export product, especially to Asia. In January, Vale announced its intention to sell its coal mining in the country, citing the objective of becoming carbon neutral by 2050 and reducing some

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Vale to quit Mozambique coal - Mozambique

The Brazilian mining company VALE is reportedly on the verge of divesting its coal and port projects in Mozambique as it pursues plans to become carbon neutral by 2050. It also decided to concentrate on its core activities. In the southern African region, Vale operates the Moatize coal mine and Nacala Corridor rail and port projects.

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Brazil's Vale to divest troubled coal assets in

Brazil’s Vale said on Thursday it is buying out minority stake partner, Japan’s Mitsui Co, in a Mozambique coal mine and port project, ahead of selling the loss-making asset as it works to ...

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Mitsui to sell stake in Mozambique ... - Mining

20-01-2021  TOKYO, Jan 21 (Reuters) - Japan's Mitsui Co said on Thursday it has agreed to sell its stake in the Moatize coal mine and Nacala Corridor rail and port projects in Mozambique to Brazil's Vale , the operator of the projects, for $1 each. The move comes as Vale, one of the world's biggest iron ore miners, said separately it has decided to divest ...

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Vale targets coal exit as it prepares sale of Moatize

Vale says mine upgrades will allow Moatize to produce 18 million tonnes of coal per year by 2022. Moatize is Vale’s largest venture in the coal sector, and has been operational since 2011. In 2017, Mitsui paid $690m for the 15% interest in the mine, as well as a 50% interest in the NLC project to provide port and rail infrastructure.

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Vale sells stake in Mozambique coal project ... -

Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner. Vale sells stake in Mozambique coal project to Mitsui ...

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Vale takes first step to divest coal assets Financial

Vale is the latest big miner to seek to quit production of coal. It joins BHP , the world’s biggest mining group, and Anglo American, which are trying to divest their remaining coal assets.

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Vale says write down of Mozambique coal ... -

Mining giant Vale (NYSE:VALE) said Thursday that its venture partner in Mozambique’s coal project, Japan’s Mitsui Co., has no plans to revise the terms of their association or its ...

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The Worst Company in the World - Jacobin

Yet tracking Vale’s trajectory, whether within Brazil itself, in Mozambique where it has embarked on a greenfield investment in a coal mining, railway, and port complex, or in Canada where it acquired established nickel operations, a very different picture emerges — one characterized by a marked dissonance between Vale’s rhetoric and the realities on the ground across the company’s ...

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