Deal #3441

Mozambique
Created at
2013-03-22
Last update
2021-02-01
Last full update
2021-02-01

Land area

Intended size
23 780 ha
Size under contract (leased or purchased area)
  • [2011, current] 23780.0 ha

Intention of investment

Intention of investment
  • [current] Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Mining license expires in 2032- another source states the mine has a lifespan of 35 years.

Negotiation status

Negotiation status
  • [2011, current] Concluded (Contract signed)
Comment on negotiation status
CVRD has invested $1.2 billion to revive coal production. Contract originally signed in 2007. License number 867L.

Implementation status

Implementation status
  • [2011, current] In operation (production)
Comment on implementation status
The first phase of the Moatize coal project began operations in August 2011. In November 2011, the Board of Directors approved Moatize II. In April 2020, Vale cut production back at Moatize because of "demand constraints" and suspended it in June.

Contract farming

Contract farming
No