Vale Moatize trial coal shipments start October; 6 million mt exports in 2012

摘要

Brazilian miner Vale is targeting the start of trial coal shipments from its huge Moatize project to steel producers and coke plants from October as the Mozambique project seeks to ramp up exports to 6 million mt next year. Vale expects in 2011 to have 1.56 million mt for export, and then in 2012 for exports to reach 6.37 million mt, of which 4.7 million mt will be met coal, Marcelo Matos, Vale's general manager marketing and sales for coal said at the Coaltrans Brazil conference on Wednesday, June 29.