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


Video
08 June 2026

Behringer at Siemens FS retains his zeal for sustainable...

Tobias Behringer, head of financial advisory at Siemens Financial Services discusses how the financing arm is retaining the momentum for transition financing at lill Global...

Perspective
11 June 2026

Taking the temperature on the ECA pipeline

Will ECAs be able to sustain the bumper volumes of recent years in 2026? Expect a dip as financial institutions build their pipelines once again. Yet ECAs are determined to...