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Vulcan accounts for nearly 20% of Mozambique's exports

By , based on Agência de Informação de Moçambique

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Mining company Vulcan accounts for nearly 20% of Mozambique's exports and makes a major contribution to foreign-currency inflows, said Bank of Mozambique governor Felisberto Dinis Navalha. He made the statement during a visit to the Moatize coal mine this week, as foreign-currency availability remains a concern on the domestic market, according to the Mozambique Information Agency.

Mining company Vulcan accounts for nearly 20% of Mozambique's exports, said Felisberto Dinis Navalha, governor of the Bank of Mozambique, during a visit to the Moatize coal mine, according to the Agência de Informação de Moçambique. He stressed that the company's sales contribute to the inflow of foreign currency into the country.

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