South32 has announced that operations at Mozal Aluminium, one of Mozambique’s largest industrial facilities, will be suspended from around 15 March 2026, after the company failed to secure a new electricity supply agreement beyond the expiry of the current contract. In a statement released on Tuesday, the mining and metals group said Mozal would be… Continue reading Mozal Suspends Operations From March
Tag: Mozal Aluminium
Mozambique’s Private Sector Urges Urgent Action Over Mozal’s Future
The Confederation of Economic Associations of Mozambique (CTA) has raised alarm over the uncertainty surrounding Mozal Aluminium and its impact on the national economy, calling recent developments “inadmissible” and appealing for the reinstatement of Mozambican companies affected by contract terminations. The concerns follow an announcement by South32, Mozal’s majority shareholder, that operations at the aluminium… Continue reading Mozambique’s Private Sector Urges Urgent Action Over Mozal’s Future
Chapo Says Government Will Not Budge to Mozal’s Pressure Over Energy Tariffs
Mozambique’s President Daniel Chapo has said his government will not bow to pressure from aluminium producer Mozal over electricity tariffs from Hidroeléctrica de Cahora Bassa (HCB), warning that the company’s proposed rates could drive the state-owned power supplier to collapse. Speaking on Sunday after concluding his working visit to Madagascar, President Chapo stressed that negotiations… Continue reading Chapo Says Government Will Not Budge to Mozal’s Pressure Over Energy Tariffs
South32 to Halt Mozal Aluminium Operations in 2026 Over Power Supply Uncertainty
Australian mining group South32, owner of Mozambique’s largest industrial operation, Mozal, will cease production in March 2026 when its current electricity supply contract ends, citing a lack of guarantees for continued power. The company said, in a statement to the market, talks with the Mozambican government, Hidroeléctrica de Cahora Bassa (HCB) and South Africa’s Eskom… Continue reading South32 to Halt Mozal Aluminium Operations in 2026 Over Power Supply Uncertainty
Mozal Energy Supply Contract Renewal Remains Uncertain
Mozal, one of Mozambique’s largest industrial undertakings since its establishment in 1998, confirmed through internal documentation that it is still in talks with the Government of Mozambique to extend its power supply agreement. Uncertainty continues to cloud the future of Mozal’s energy supply, as the aluminium smelter struggles to secure a renewal of its electricity… Continue reading Mozal Energy Supply Contract Renewal Remains Uncertain