Vale lifts force majeure on Mozambique coal shipments
Brazilian mining giant, Vale, has lifted force majeure on a number of its coal sales contracts in Mozambique. The company had declared force majeure in mid-February following heavy rainfall in Tete, Mozambique, which created serious challenges to the Linha do Sena railway, thus impacting shipments of metallurgical coal at approximately 500,000 t.
Adapted from press release by Jonathan Rowland.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/21032013/vale_lifts_force_majeure_on_mozambique_coal_shipments/
You might also like
How the US-Iran scenarios shape Brent prices
Rystad Energy has mapped a range of potential scenarios to assess their impact on oil prices, including the implications of continued disruption in the Gulf and a further escalation of conflict in the Bab el-Mandeb Strait.
