London-listed Kazakh mining firm ENRC expected its Mozambique logistics project, which would allow it to transport coal from Tete province to the coast at Nacala, to be completed by early 2016, a senior official said yesterday.
Infrastructure bottlenecks are the main headache for firms scrambling to get a piece of a coal rush in Mozambique.
“We expect construction to start in the first quarter of 2014. We expect our trains to start running in late 2015, early 2016,” ENRC general manager for Africa coal Paul Craven told a Coaltrans conference in Maputo.
The rail line and an associated coal terminal at the northern coastal city of Nacala would have a baseload capacity of 40 million tons a year, but would be able to handle as much as 60 million tons a year, if needed. – Reuters