Wednesday, May 11, 2011

VALE AWARDS CONTRACT TO APR ENERGY

The US-based company APR Energy announced on Tuesday that the Brazilian mining giant Vale has awarded it a contract to provide electricity to Vale’s mine at Moatize, in the central Mozambican province of Tete, which began operation on Monday.APR Energy will be responsible for installing and commissioning a diesel generator capable of providing 10 megawatts of electricity.According to the Chief Executive Officer of APR Energy, John Campion, “this award represents an important step for APR Energy’s growth and our expanding presence in the commercial mining sector. It shows how well APR Energy’s power solutions can meet the specific needs of the mining and industrial sector”. “We appreciate Vale’s confidence in us”, he added, “and we look forward to building upon our relationship with them and growing our involvement in the commercial mining industry”.In its initial phase, the Moatize mine will produce about 11 million tonnes of coking and thermal coal a year. This is projected to double, to 22 million tonnes, in the second phase.Vale-Mozambique employs about 8,000 workers, and the company has so far invested about two billion US dollars in Mozambique. Over the next five years a further four billion dollars will be invested.

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