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International Coal Ventures Limited (ICVL), a consortium of state-owned companies in India, has started the process of recruiting Indian staff for various positions in Mozambique, Indian newspaper the Economic Times reported.
Recruitment of new staff follows the acquisition of coal assets in Mozambique owned by Anglo-Australian group Rio Tinto for US$50 million.
Before launching its activities in Mozambique ICVL wants to send a team of two dozen staff from the companies that make up the consortium to draw up a business model.
ICVL’s assets in Mozambique include the Benga mine in full swing and two other coal projects still to be explored, all in the province of Tete. (mhb/MZ)