Minas Moatize Limitada, a subsidiary of Beacon Hill Resources, has entered into an Interim Rail Access Agreement with Portos e Caminhos de Ferro de Mocambique, the country’s port and rail regulator that grants the company a capacity allocation of 0.5 million tpa on the Sena railway line, beginning April 2013.
The Sena railway line starts around 3 km away from the Minas Moatize metallurgical coal mine in Tete province and travels 580 km to the Port of Beira. It is currently nearing completion of a US$ 60 million upgrade that increases its capacity to 6.5 million tpa. Minas Moatize will become the third major coal exporter using the rail line alongside Rio Tinto and Vale.
Adapted from press release by Lauren Bryant.