Indian group recommits to Mozambique as Irish miner restructures

Private-sector Indian group Jindal will remain in Mozambique, even though the international price of coal has fallen significantly. This assurance has been given by Jindal Africa Director General Chandra Singh. “It is good that there is an awareness of the difficulties through which the international coal market is passing, which has recorded a sharp fall in price,” he told the Mozambican media recently. “Despite this, Jindal is committed to remain in the Mozambican market and to continue to produce.”