Nacala Port New Coal Terminal

 Construction of new coal terminal at Nacala Port (Mozambique)

DESCRIPTION

The Nacala Railway Corridor Project will transport approximately 18 million tons of coal, derived from the expansion of Moatize Mine (Mozambique) through a railway system connecting the existing mine in Moatize to a new coal terminal in Nacala Velha (Mozambique). The project was funded by Vale, and has the potential of being developed into a transport corridor for Mozambique's Tete Province, and potentially Zambia and the Democratic Republic of Congo (DRC). The coal terminal will have the capacity to handle 30 million tons per annum.

OBJECTIVES AND RATIONALE

PROJECT RISKS

Environmental Risks: Not Reported Social Risks: Not Reported Socio-Enviro Classification: Not Reported Other External Risks: Not Reported

PROJECT ECONOMICS

• NET PRESENT VALUE: 0.00

• COST BENEFIT RATIO: 0.00

• FINANCIAL INTERNAL RATE OF RETURN (FIRR): 0.00

• ECONOMIC INTERNAL RATE OF RETURN (EIRR): 0.00

• COMMENTS ON ECONOMICS: CFM (the Mozambique state railway company), Vale, Rio Tinto and Beacon Hill are spending US$ 4.4 billion to build a railway line to and coal export terminal at Nacala. $1-1.5b terminal & $3.5b rail.

PROJECT FINANCING

OPERATION AND MAINTENANCE

OVERALL COST: 0.00

ANNUAL COST: 0.00

COMMENTS ON FINANCE:

STUDIES

PROJECT STAKEHOLDERS

Regional Coordinator

Southern African Development Community

Lead National Agency

Mozambique - Caminhos de Ferro de Moçambique

Private Sector Partner

Rio Tinto

Private Sector Partner

VALE

National Coordination

Mozambique - Ministério dos Transportes e Comunicações

CONTACTS

Odete Semiao-osemiao@pde.gov.mz

CONTRIBUTION TO 2030 AGENDA