In Mozambique, Vale said it expected to start operations at its $1.658 billion Moatize mine by the middle of 2011. This project has a nominal capacity of 11 million mt/year, including 8.5 million mt of hard coking coal, and 2.5 million mt of thermal coal.
In 2011, Vale said it would initiate phase 2, which involves the opening of a new pit, the construction of a new coal handling and preparation plant, the expansion of the stockpile area, and associated infrastructure. Vale will also invest heavily in rail infrastructure to support these operations.
In Australia, the miner hopes to ramp up production at its Carborough Downs mine to 4.8 million mt/year in 2011, 52% of which is hard coking coal and 48% thermal coal. Carborough Downs hard coking coal is a low-ash, low-sulfur, low-phosphorous coal with 22.5% volatile matter and over 60% coke strength after reaction.
In Colombia, Vale said it was ramping up the El Hatillo mine to its nominal capacity of 4.5 million mt/year by 2012.
Vale produced 1.7 million mt of coal in Q3 2010.
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