The Mozambique government has acquired a 5% share in the Moatize coal project, owned and operated by Brazilian mining major Vale.This was revealed last week by the country's Mineral Resources Minister, Esperanca Bias. This 5% share in the project is held by the State-owned Mozambican Mineral Exploration Company, which was recently created to safeguard the country's interests in coal (and other mining) projects. Minister Bias did not reveal the cost of the acquisition.Vale, the world's second largest mining group in terms of market capitalisation, has so far invested $1.3-billion in Moatize, which started exporting coal during the second half of 2011. Its production for last year was 620 0001. At full production, Phase 1 of the project will have a nominal yearly production capacity of 8.5-million tons of metallurgical coal and 2.5-million tons of thermal coal, for a total of 11-million tons. Vale will invest another $2.07-million before the end of 2014 to execute Phase 2, which will double Moatize's output capacity.
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机译：莫桑比克政府已收购了巴西矿业巨头淡水河谷拥有和运营的Moatize煤炭项目5％的股份，该矿产资源部长Esperanca Bias上周透露了这一点。该项目的5％股份由国有莫桑比克矿产勘探公司（Mozambican Mineral Exploration Company）持有，该公司最近成立是为了维护该国在煤炭（和其他采矿）项目中的利益。比亚斯部长没有透露此次收购的成本。就市值而言，全球第二大矿业集团维尔已经向Moatize投资了13亿美元，该公司于2011年下半年开始出口煤炭。年为6200001。该项目的第一阶段全面投产后，其名义年产能为850万吨冶金煤和250万吨动力煤，总产量为1100万吨。淡水河谷将在2014年底前再投资207万美元执行第二阶段，这将使Moatize的产能增加一倍。
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