Wednesday, 26 June 2013

Economy News Headlines - Yahoo! News: Rio suspends Mozambique coal exports on security fears

Economy News Headlines - Yahoo! News
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Rio suspends Mozambique coal exports on security fears
Jun 26th 2013, 13:17

(Blank Headline Received)By Marina Lopes MAPUTO (Reuters) - Rio Tinto has suspended coal exports from Mozambique's northwest Tete province after the opposition Renamo party threatened to disrupt the Sena railway line that carries coal to port, a provincial official said. Mozambique's economic revival is under threat as former guerrillas take up arms more than two decades after a civil war ended. Many say they have not benefited from the rush of oil and gas discoveries in recent years. Sena is the only railway leading from the massive coal fields of Tete to the Indian Ocean port of Beira. ...


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