Mozambique: Rio Tinto must face SEC suit over Moz coal assets

Mozambique: Rio Tinto must face SEC suit over Moz coal assets

Rio Tinto Group must face a US Securities and Exchange Commission (SEC) lawsuit over the company’s valuation of coal assets in Mozambique, a federal judge ruled.

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Mozambique Mining: ICVL aims to triple Benga Mine coal extraction

India’s International Coal Ventures Private Limited (ICVL) group, which acquired coal assets of the Anglo-Australian Rio Tinto group in Mozambique, aims to triple output at the Benga open-pit mine in Tete province within three years, the group’s chairman said.

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