Indian billionaire Sajjan Jindal’s group invests $160 million in Africa’s first fully electric coal mine
· flipboard.com
Mozambique, a resource-rich country in southeastern Africa, is attracting fresh mining investment after Indian billionaire Sajjan Jindal’s Jindal Group committed $160 million to electrify its Vulcan-operated Moatize coal mine in Tete province. | Business Insider Africa
The investment in Tete province will create a 300-megawatt power system to support mining operations, coal processing and rail transport, reducing reliance on d...