Mozal
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Aluminium |
| Founded | 1998 |
| Headquarters | Maputo, Mozambique |
| Products | aluminium products, aluminium alloys |
| Revenue |  $1.098 billion [1] (2021) |
| $ 123 million [1] (2021) | |
Number of employees | 993 [1] (2021) |
| Parent | South32 |
| Website | www.south32.net |
Mozal is an aluminium smelter joint project in Beluluane Industrial Park, Maputo, Mozambique.[2] The project is a smelting facility that began operations as a producer of aluminium exclusively for export. The smelter is located 20 kilometres (12 mi) west of the city of Maputo in the south of the country.
Mozal was a joint venture between BHP Billiton (47.1 percent), Mitsubishi Corporation (25 percent), Industrial Development Corp. of South Africa (24 percent), and the Government of Mozambique (3.9 percent).[3]
The project began life in 1998 as part of a recovery programme led by the Mozambican government’s active desire for foreign investment to help rebuild the nation after the country's civil war in the early 1990s.[4] The Mozal smelter was officially opened in September 2000. It was the first major foreign investment in Mozambique and is the biggest private-sector project in the country.
Originally commissioned as a 250 ktpa (250,000 tonnes per annum) smelter, Mozal was followed by an extension (Mozal II) in 2003-04, and it is now the largest aluminium producer in Mozambique and the second-largest in Africa having a total annual production of around 580,000 tonmes. It is responsible for 30 percent of the country’s official exports and also uses 45 percent of the electricity produced in Mozambique.[5]
In February 2013, Mozal signed an agreement under which it would supply 50,000 tonnes of aluminium to Midal Cables, one of the world's largest manufacturers of aluminium cables.[6] Midal's factory in Mozambique started operation in 2014, with a capacity of 50 ktpa of aluminium rods and 24 ktpa of aluminium wire.[7]
BHP Billiton holdings were demerged into South32.[8] South32 currently owns 63.7%, Mitsubishi Corporation (through MCA Metals Holding GmbH), the Industrial Development Corporation of South Africa and the Government of Mozambique share the remaining ownership interest.[9]
References
[edit]- ^ a b c "Top 100 Companies in Mozambique" (PDF). KPMG. KPMG Moçambique. Retrieved 2023-01-26.
- ^ Mozal Overview, Mozambique: Mozal, 2008, archived from the original on April 30, 2008
{{citation}}: CS1 maint: unfit URL (link) - ^ Aluminium and Nickel, BHP Billiton
- ^ Aluminium Business and Regional Development, Japan: Mitsubishi Corporation, 2012
- ^ Tran, Mark (8 January 2013), written at London, "Mozambique smelting profits should not fill foreign coffers, say campaigners", The Guardian, England
- ^ Mozal aluminium to be used in Mozambican industry, Africa: AllAfrica, 2013
- ^ "Midal Cables International Limitada – Mozambique". Midal Cables. Retrieved 25 March 2024.
- ^ "Demerger". BHP. Retrieved 2015-06-18.
- ^ "Ownership 2023". South32. Retrieved 2023-01-23.
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