MOZAL, S.A

Mozal is an aluminium smelter joint project in Beluluane Industrial Park, Maputo, Mozambique. The project is a smelting facility that began operations as a producer of aluminium exclusively for export. The smelter is located 20 kilometres west of the city of Maputo in the south of the country. Mozal is a joint venture between South32 (47.1 percent), Mitsubishi Corp. (25 percent), Industrial Development Corp. of South Africa (24 percent), and the State of Mozambique (3.9 percent). The project began life in 1998 as part of a recovery programme led by the Mozambican governments active desire for foreign investment to help rebuild the nation after the countrys civil war in the early 1990s. The Mozal smelter was officially opened in September 2000. It was the first major foreign investment in Mozambique and is the biggest private-sector project in the country. Originally commissioned as a 250 ktpa (250,000 ton per annum) smelter, Mozal was followed by an extension (Mozal II) in 2003-0...