Riversdale, Tata approve $270m Mozambique coal mine
October 28, 2009 by goldguru · Leave a Comment
Australian coal-miner Riversdale Mining and joint-venture partner Tata Steel have approved the development of the first phase of the Benga coal project, in the Tete province of Mozambique.
The partners have committed $270-million, excluding working capital, to undertake the stage one development of the project, which would produce an initial 1,7-million tons a year of coking coal and 300 000 t/y of export thermal coal.
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