Mozambique
Jindal embarks on major cost-cutting drive at Moatize

Coal mine of Moatize, on the outskirt of Tete, in Mozambique.
Coal mine of Moatize, on the outskirt of Tete, in Mozambique. © Gianluigi Guercia/AFP
The Indian company, which acquired the gigantic Moatize coal mine from the Brazilian firm Vale in late 2021, is determined to cut back on subcontractor costs and salaries. [...]
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