The Moatize coal mine located in the Tete Province of Mozambique has estimated recoverable coal reserves of 985.7Mt (194.8Mt proven and 791Mt probable) as of December 2018.
The operator of Moatize is the Brazilian mining company Vale, which holds an 80.75% interest in the mine. The remaining interests are held by Mitsui (14.25%) and Empresa Mocambicana de Exploracao Mineria (5%).
Moatize is Vale’s first Greenfield project in Africa. The concession to build and operate the mine was granted in 2006. The open-pit coal mine commenced operations in August 2011. The mine produced 11.5Mt of coal, including 6.1Mt of metallurgical coal and 5.4Mt of thermal coal. Vale plans to ramp up the annual production capacity of the mine to 22Mt.
According to mining-technology