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Mozambique Mining Logistics: CoAL to pay Grindrod $10m for Matola capacity underutilisation
ASX, Aim and JSE-listed Coal of Africa Limited (CoAL) has reached a $10-million agreement with Grindrod subsidiaries Grindrod Corridor Management and Terminal de Carvão da Matola for the settlement of historic and future liabilities relating to CoAL’s take or pay obligation at the Matola Terminal, in Mozambique.
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