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FILE - For illustration purposes only. [File photo: Vulcan International]
Some 350 employees of the Vulcan company, which operates coal mines in Tete province, central Mozambique, will be made redundant this year, the mining company announced.
“The redundancy process initially involves 350 workers from various professional categories,” reads a circular from Vulcan’s trade union committee, seen by Lusa on Thursday.
Without stating the cause of the layoffs, Vulcan, an Indian company, said that the number of layoffs could be adjusted “as the procedures are formally validated by the Labour Administration authorities”.
“It is estimated that 105 workers will be covered by this measure in the coming days,” the document added.
A Vulcan Moçambique vai despedir, ainda este ano, 350 trabalhadores de diversas áreas. A medida foi comunicada através de uma circular emitida pelo Comité Sindical da mineradora. #tete #mocambique #mineradoraemtete#stvnoticias #gruposoico
Detalhes na https://t.co/3GxkwFtECZ pic.twitter.com/LcrmA6fnX1— stvnoticias (@stvnoticias_mz) April 18, 2025
The mining company exploits an area of 250 square kilometres in Moatize and the community closest to the mines is located at least 350 metres away.
The private Indian company is part of the Jindal Group, with a market value of $18 billion (€16.5 billion), and was previously present in Mozambique, operating the Chirodzi mine, also located in the Tete region.
In the last four years alone, Vulcan has produced more than 35 million tonnes of coal annually at its mines in Moatize, an operation bought in April 2022 from Brazilian Vale for more than $270 million (€257 million).
In May, the president of Vulcan told Lusa that he hoped to reach between 50 and 52 million tonnes by 2024 and be among the world’s largest producers. Lusa tried unsuccessfully to get a comment from Vulcan.
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