UPDATE 2-Mozambique port accident deals blow to Vale coal project -sources

lunes 27 de julio de 2015 16:25 GYT
 

(Adds Vale comment)

By Ed Stoddard

MAPUTO, July 27 (Reuters) - A coal stacker has collapsed at the Mozambique port of Nacala, dealing a blow to Brazilian miner Vale's effort to start coal shipments from the African nation in the third quarter, sources told Reuters on Monday.

The giant piece of machinery, which is used to handle coal and other bulk materials, buckled last week, according to a mining industry source with knowledge of the situation.

"The contractors are investigating and an official report is expected within a couple of weeks," the source said, adding that no one was hurt in the accident.

Another source said it could take months to fix the equipment.

In an emailed statement Vale confirmed that the coal stacker, which was in the final stages of construction, collapsed last week. A team is studying the cause of the accident, the company said.

Vale is reliant on the port and connecting railway, together known as the Nacala Corridor, to reach capacity at its Moatize coal mine in northwest Mozambique.

Vale expects Moatize's production to reach 11 million tonnes of coal per year by mid-2016 and 22 million tonnes by 2017. Current output is around 7 million tonnes.   Continuación...