RESOURCES: AER, Moatize


Issue 229 - 20 Apr 2012 | 1 minute read

Australian Stock Exchange-listed African Energy Resources (AER) demonstrated the viability of transporting coal by rail from its Sese coal and power project to the east coast in early April; The government on 12 April signed an agreement to take a 5% stake in the Moatize coal project being developed by Brazil’s Vale

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