Mozal

Entity type image
Type: Company
Name: Mozal
First reported May 15 2013 - Updated May 15 2013 - 1 reports

Eskom and BHP Billiton dispute

SirI was part of the team that built, cared for and commissioned all the power supply to Alusaf, Hillside 1 and 2, and later 3, and then onto Mozal 1 and 2. We were on track for Mozal 3 when our mutual interests went to the Congo River and Inga 3. Six ... [Published Energize Online - May 15 2013]
First reported May 03 2013 - Updated May 03 2013 - 1 reports

BHP Billiton defends its appointment

BHP Billiton has defended the appointment of Xolani Mkhwanazi to its South African operations after his five-year stint at energy regulator Eskom.Xolani Mkhwanazi. (Gallo)Our CoverageMore CoverageThe mining giant BHP Billiton has defended the appointment ... [Published Mail & Guardian Online - May 03 2013]
First reported Apr 24 2013 - Updated Apr 24 2013 - 1 reports

Funding available for gas pipeline viability study [NEW]

(2013-04-24) Mozambique’s National Hydrocarbon Company (ENH) has declared that five million US dollars are now guaranteed, to be invested by the end of the year, in a viability study for a gas pipeline running the length of the country, from Cabo Delgado ... [Published Club of Mozambique - Apr 24 2013]
First reported Apr 21 2013 - Updated Apr 21 2013 - 1 reports

BHP Billiton is still a darling of investors

GROUP aims to stay lean and efficientA commodities prices tanked this week, the world's biggest mining group, BHP Billiton, barely noticed, rejigging its management and releasing a surprisingly upbeat production report for last year.BHP, listed on the ... [Published BDlive - Apr 21 2013]
First reported Apr 20 2013 - Updated Apr 20 2013 - 1 reports

Africa, stop digging holes for the West

Africa must disregard outsiders' self-serving advice about managing its natural resources, writes Roman Grynberg.Allowing raw minerals to be sent overseas for beneficiation does not help an African country achieve transformation or diversification of ... [Published Mail & Guardian Online - Apr 20 2013]
Entities: Copper, Botswana, Zambia
First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Analysis of the structure of Eskoms special electricity pricing deals with BHP Billiton

by Chris Yelland, EE PublishersJohannesburg, 24 March 2013Since the ordering Eskom to disclose the formulae by which the price of electricity to BHP Billitons Hillside and Mozal aluminium smelters is calculated, much has been written in general terms ... [Published Energize Online - Apr 15 2013]
First reported Feb 14 2013 - Updated Feb 14 2013 - 1 reports

Whose development is it? Investigating the Mozal aluminium smelter in Mozambique

A highly profitable aluminium factory in Mozambique is paying just 1 per cent tax, despite half of the smelter being funded by foreign governments to help develop the country. A new report by Jubilee Debt Campaign in the UK and Justica Ambiental in Mozambique ... [Published Zunia.org RSS - Feb 14 2013]
Entities: Mozal, Mozambique, Aluminium

Quotes

"BHP may in the meantime divest of them as the smelters are on our list of possible asset sales."
The company did "not believe that Dr Mkhwanazi's employment at BHP Billiton undermines good corporate governance practices" , Letlape said. Contracts relating to Mozal did not go through his committee during his time at the regulator, she said
"In the last financial year, BHP only achieved an earnings margin of 1%, compared to 13% in 2011, from its aluminium operations globally. It is safe to say that if Eskom reneges on the contract, BHP will more than likely shut down these operations as they will no longer be profitable from a cashflow perspective" he said
"What wouldn't be included in the revenue calculation, however, are the non-financial benefits of the contracts to the country."

More Content

All (20) | News (19) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Eskom and BHP Billiton dispute [Published Energize Online - May 15 2013]
Power Utility Eskom Looks to Re-Work BHPB Contract [Published Prlog - May 13 2013]
Termination dispute, overloaded: The staggering... [Published Daily Maverick - May 06 2013]
BHP Billiton defends its appointment [Published Mail & Guardian Online - May 03 2013]
Insight: People, Power, Politics [Published Oil Earth - May 01 2013]
Beneficiation - the pros and cons [Published African Business - Apr 28 2013]
Carrying the ivory to the coast [Published Mmegi Online - Apr 26 2013]
Funding available for gas pipeline viability st... [Published Club of Mozambique - Apr 24 2013]
BHP Billiton is still a darling of investors [Published BDlive - Apr 21 2013]
Africa, stop digging holes for the West [Published Mail & Guardian Online - Apr 20 2013]
BIL: BHP BILLITON PLC - BHP Billiton Production... [Published JSE Securities Exchange - Apr 17 2013]
Analysis of the structure of Eskoms special ele... [Published Energize Online - Apr 15 2013]
Eskom, BHP in coal, power cost imbalance [Published Mining MX - Apr 15 2013]
Eskom price deals hit confidence [Published BDlive - Apr 14 2013]
Tenacious use of information law behind Eskom e... [Published Journalism.co.za - Apr 10 2013]
How the Eskom-Billiton pricing discount story w... [Published Marklives.com - Apr 09 2013]
Interim Results [Published TrustNet - Mar 28 2013]
Guebuza Thanks Australia for Its Past... [Published AllAfrica.com - Mar 12 2013]
Whose development is it? Investigating the Moza... [Published Zunia.org RSS - Feb 14 2013]
SADC Creates Fund to Accelerate... [Published AllAfrica.com - Aug 20 2012]
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Whose development is it? Investigating the Moza... [Published Zunia.org RSS - Feb 14 2013]
A highly profitable aluminium factory in Mozambique is paying just 1 per cent tax, despite half of the smelter being funded by foreign governments to help develop the country. A new report by Jubilee Debt Campaign in the UK and Justica Ambiental in Mozambique ...
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