Rio Tinto and MAL Acquire Mining Concession

摘要

The Government of Mozambique has recently granted a mining concession on unexplored mining areas in the Tete Province to Rio Tinto Coal Mozambique and Midwest Africa Limited (MAL). The valid period of every mining concessions is 25 years. Rio Tinto Coal has acquired a mining concession for Zambeze project. This project aims to exploit Zambeze mining area, a large-scale unexplored mining area in the Tete Province, and export premium hard coking coal and thermal coal produced at this mining area to China, Brazil, India, Europe and so on. Rio Tinto Coal has a 100% interest in this project.