Vale granted concession to develop Mozambique railway
Posted: 06 Jul 2012, 10:48
Vale granted concession to develop Mozambique railway
July 06, 2012 - 03:40 GMT Location: São Paulo
Metal Bulletin
Mozambique’s government has granted permission for a consortium led by Brazil’s miner Vale to construct and operate a railway in the African country.
The 780km railroad will connect the city of Moatize to the Nacala port, on the Indian Ocean, according to Mozambique’s official press. The railway project is estimated to be worth to $1.5 billion, and will be developed by a consortium named Sociedade Corredor...
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July 06, 2012 - 03:40 GMT Location: São Paulo
Metal Bulletin
Mozambique’s government has granted permission for a consortium led by Brazil’s miner Vale to construct and operate a railway in the African country.
The 780km railroad will connect the city of Moatize to the Nacala port, on the Indian Ocean, according to Mozambique’s official press. The railway project is estimated to be worth to $1.5 billion, and will be developed by a consortium named Sociedade Corredor...
[You have to register with that website to get the rest of the story...]