Tete, Mozambique is Brazil’s largest mine in Africa. SA Vale (Vale) in the near future expects to start exporting coal from its Mozambican project. Export of this year will use the railroad. Vale opens Mozambique coal mine valued less than U.S. $ 1.7 billion. Opening ceremony in Moatize outside the northwest city of Tete in Mozambique will of some by Mozambican President Armando attend Guebuza.
This event as to mark the largest single investment to date in one of the world’s poorest countries. It expected Vale export one million tonnes of coal from the U.S. $ 1.7-billion (1.2-billion-euro) project this year.