Anglo-Aussie Co. To Study Mozambique Coal Infrastructure

Law360, New York (January 18, 2012, 3:03 PM EST) -- Ncondezi Coal Co. Ltd., a coal exploration company developing assets in Mozambique, has signed an agreement with Anglo-Australian miner Rio Tinto PLC to explore new rail and port infrastructure projects, part of its plan to start exporting coal from the region by 2015, Ncondezi announced Wednesday.

The agreement is a continuation of a joint infrastructure study completed in November to explore options for transporting the mine's expected 10 million tons of coal per year to the nearest ports, some 300 miles away. The mine is expected...
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