Skip to content
Subscriber Only

Balking Miners Jeopardize $2.8 Billion Mozambican Coal Rail

  • Firm building railway route needs mining companies to commit
  • Operation aimed at boosting exports until gas output can begin
Richards Bay Coal Terminal
Photographer: Nadine Hutton/Bloomberg
Updated on

A plan to develop a $2.8 billion railway and port to ferry coal in Mozambique may collapse because miners are balking, according to the man trying to build it.

Failing to get the project off the ground would deprive the southern African country of a source of revenue it’s come to rely on as it develops world-class natural-gas deposits and struggles to get donor support after disclosing previously hidden debt. Coal is Mozambique’s biggest export.