New Coal Terminal Beira (NCTB)

Objective

Coal exports from Moatize

Description

The terminal is linked by the 660 kilometre-long Sena railway to Moatize, Tete province, the current center of Mozambique's coal mining boom, where both Vale and ICVL operate mines.

History

In 2017, coal exports from Beira were slashed in half when Vale announced that it would transfer 100% of its Mozambican coal port operations to Nacala. Nacala's natural deep-water harbor and state-of-the-art facilities offer significant advantages over Beira, which requires regular dredging. Vale's departure from Beira leaves only two coal companies, Jindal and ICVL of India, still operating at Beira, with total 2017 exports of two million tonnes vs the five million tonnes originally projected for the port.

Finance