he World Bank (WB) has approved a donation of 350 million dollars from the International Development Association to support the Mpatamanga Hydropower Storage Project (MHSP) in Malawi, a plant that could provide more than 1500 gigawatts of energy a year. The amount is subject to the mobilization of resources. This energy...
Mining company Vulcan was distinguished as the Best Mining Company in Mozambique during the 11th edition of the Mozambique Mines and Energy Conference (MMEC 2025), held this week under the slogan: "Transforming Mozambique's natural resources to drive industrialization and regional integration." The award recognizes the exceptional performance of the Indian mining company...
The Chinese company DH Mining Development Limited is investing more than 1.9 billion meticais, equivalent to 29.4 million dollars, in graphite production operations at the Muichi mine in the Napepe district of Niassa. This is the first processing of graphite in the province, and work began on May 5th....
Mozambique will have a refinery with the capacity to produce 200,000 barrels a day of liquid fuels. According to the President of the Republic, the project should be implemented in 24 months. The agreement was signed between the Mozambican company PETROMOC and the Aiteo Eastern E&P Company group for the construction of a refinery...
The Confederation of Economic Associations of Mozambique - CTA predicts volatility in the prices of raw materials, including strategic minerals and fuels, and uncertainty about the future of the African Growth and Opportunity Act (AGOA), as a result of external pressures aggravated by the global trade war. In relation to price volatility, the concern of the Mozambican private sector...
The Balama graphite mine, one of the largest sources of natural graphite in the world, located in Cabo Delgado province, remains closed due to local protests intensified in the context of post-election tension in Mozambique. According to Engneering News, the mine, operated by Australian Syrah Resources, has been inoperative for nine consecutive months, affected by...
Sofala province, in central Mozambique, has yet another rice processing plant, an initiative that marks the strengthening of the rural development agenda. The new mill was inaugurated on Tuesday (22) by the governor of Sofala, Lourenço Bulha, at the Mafambisse administrative post, in the district of Dondo, in a ceremony that also served to...
The Confederation of Economic Associations of Mozambique (CTA) recently defended the adoption of preparatory measures in Maputo so that national micro, small and medium-sized enterprises (MSMEs) can benefit from extractive industry projects in the country. The group praised the government for approving the decree that regulates the terms and agreements of...
The President of the Republic, Daniel Chapo, confirmed yesterday that construction work on the Temane Thermal Power Station in Inhambane province had been halted due to the production of new turbines and renegotiations with the contractor. The Head of State explained that the suspension of activities was mainly due to the loss of two turbines when...
Altona Rare Earths announced this week (01.04) the discovery of a rare mineral called Gallium, of high quality and with concentrations of up to 232 g/t Ga, on Mount Muambe, in the district of Moatize, Tete province. The company points out that the mineral is strategic, and is seeing a rise in prices due to greater demand on the market...