News
07 January 2022

Vale sells its Mozambique coal assets to Indian steel company Jindal

Region:
Middle East & Africa, Asia-Pacific

Brazilian mining company Vale has signed a deal to sell its metallurgical and thermal coal mine in Mozambique to Jindal, the Indian steel and power conglomerate. Importantly, this strategic sale to the Indian producer also includes the Nacala 912-km railroad and a deep water port in Mozambique.The...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala...

Perspective
24 July 2026

GCC: When ECAs hit the country ceiling

Fragmented Gulf procurement, tighter local liquidity, strained country limits and Saudi-scale ambition are forcing ECAs beyond the classic tied facility. Shopping lines,...