From the entitleemnt offer and investor presentation, Riversdale and Vale are sharing infrastructure:-
"Riversdale & Vale
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Riversdale & Vale developments are significantly advanced compared to regional peers and are the largest companies progressing export mining operations in Mozambique
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Vale is constructing the Moatize project directly adjacent to Riversdales Benga project
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Vale plans to invest US$1.3 billion and ship initial exports in H22011 through the Port of Beira Refurbished Berth 8 VBeira Port
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Riversdales Stage 1 products is expected to be exported from the existing Beira Port
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Existing Beira Port Coal terminal refurbishment expected to target 6 Mtpa of total exports (H22011)
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Berth 8: 2 Users VRiversdale & Vale hold 100% of existing export capacity (32%:68% split)Beira New Coal Terminal
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Mozambique Government is planning for a new Beira coal terminal with 18 V24 Mtpa of new capacity to be constructed (additional to refurbished capacity)
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Benga Stages 2 & 3 expansion coincides with completion of the planned Beira port and rail expansion
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Total planned Beira port capacity is believed to be sufficient for Benga Stage 3 (10 Mtpa) and Vale Phase 1 (11 Mtpa) export volumes. Funding is likely to be a combination of government, user operators and agencies"
From the entitleemnt offer and investor presentation, Riversdale...
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