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Vulcan Invests $160M for Africa's First Fully Electric Coal Mine in Mozambique

Jindal Group's Moatize Mine Electrification Transforms African Mining Vulcan, a mining company owned by India's Jindal Group, has invested approximately US$160 million in the electrification of the...

Flora
Editorial Team
· 2026-07-24 · 1 min read
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Jindal Group's Moatize Mine Electrification Transforms African Mining

Vulcan, a mining company owned by India's Jindal Group, has invested approximately US$160 million in the electrification of the Moatize coal mine in Tete Province, Mozambique. The project establishes a 300-megawatt power system that will make it the first fully electric mine operation in Africa, drastically cutting diesel consumption and reducing environmental impacts.

Power Infrastructure

  • Total power capacity: 300 MW waste-to-energy power plant
  • Mining operations: 90 MW dedicated to powering mining equipment
  • Processing: 30 MW for coal processing facilities
  • Rail corridor: 100 MW to electrify the rail logistics corridor
  • Grid surplus: Excess electricity will be supplied to Mozambique's national grid (Rede Eléctrica Nacional)

Operational Scale

Vulcan acquired the Moatize operation from Vale in April 2022 for more than US$270 million, taking control of the mine and the 912-kilometre Nacala Logistics Corridor used for coal export. Over the past three years, Vulcan has produced more than 35 million metric tonnes of coal annually across its 250-square-kilometre concession. The company also inaugurated the third section of its mine, becoming the first mining operation in Mozambique equipped with a fully electric fleet.

Environmental and Economic Benefits

Mozambique's Minister of Mineral Resources and Energy Estevão Pale praised the initiative for reducing diesel imports — the company currently spends approximately US$150 million annually on diesel — lowering particulate dust emissions, and improving living conditions for neighbouring communities. Vulcan CEO Mukesh Kumar highlighted that the project will achieve energy self-sufficiency while thermal power plant ash byproducts will be used to manufacture green cement. The Jindal Group has signalled plans to invest close to US$1 billion in its broader electrification programme.

Written by

Flora

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