Brazil’s Vale gives assurances on commitment to Mozambique

Posted on January 31, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Brazilian mining major Vale president and CEO Murilo Ferreira has assured that his group has a long-term perspective regarding Mozambique and its investments in that country. He did so during a visit to the African country, which took place from January 11 to 13. He was accompanied by other senior Vale executives.

“Vale is here to stay,” he affirmed. “Our vision continues to be long-term. “We have been well received in Mozambique and we want to see in each kilometre of railway a new opportunity from which people and companies can enjoy the benefits of our projects. “We don’t want to create an activity from which we emerge victorious and the population of Mozambique does not benefit. “They should contribute to the development of the country.”