RZD to double rail capacity of Lavna port
NewsRussia plans to double the Lavna port’s rail capacity from 18 to 36-41 million tonnes annually, aiming to diversify trade routes and boost coal exports.
Beginning of the end for Vale Mozambique
StandardBrazilian mining giant Vale has agreed to sell its Mozambican coal mine and railway to India’s Jindal Group for US$270M, plus ‘a 10-year Royalty Agreement subject to certain mine production and coal price conditions’.
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