Maputo — A consortium formed by the Chinese company Kingho Investment, the publicly owned Mozambican Mining Exploration Company (EMEM), and Monte Binga, a company owned 100 per cent by the Mozambican Defence Ministry on Monday signed an agreement in Maputo on undertaking a viability study for the opening of yet another coal mine in the western province of Tete.
The three component parts of the consortium agreed on the bases for the take-off of the viability study which, if favourable, will lead to the opening of a coal mine at Marara, in Changara district, south of the Zambezi river.
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