Funding concluded for Nacala Corridor

Kenmare Resources is increasing production at its Moma titanium project in Mozambique, despite a 3% decline last year.

Vale and Euroports Tarragona have teamed up to enhance Mediterranean iron ore logistics, marked by the Magsenger 10 delivering 110,000 tonnes from Brazil.

MOL and Vale retrofitted a Capesize bulk carrier with Norsepower Rotor Sails, marking the first of its kind, aiming to reduce fuel and GHG emissions by 6-10%.

Mozambique, Zimbabwe, and Botswana will enhance the Beira-Zimbabwe-Botswana railway and develop a US$1.5 billion deepwater port at Techobanine.

The Port of Nacala in Mozambique handled 13.6 Mt of coal last year, exceeding expectations after Vale’s 2023 exit but below the initial railway target.

A 525 km railway to connect the port to coal mines in Tete Province is also planned, plus a shorter spur link to mines in Chitima.