strategic port access

The port capacity they have already secured give them potential to be a major coal player in southern Africa. Sooner or later the market will realize it.


CAPE TOWN (miningweekly.com) - Emerging coal miner Coal of Africa has snapped up a large coal entitlement at the Matola port in Mozambique and strategic access at the port of Richards Bay in South Africa.

"But importantly we have the rights to the 100% of any expansion of Matola," Farrell said.

That would give Matola a total capacity of 16-million tons, of which Coal of Africa would have entitlement to 13-million tons, Farrell said.