AGP Executive Report
Last update: 4 hours agoMineral Processing: Mozambique plans to auction seized minerals to curb illegal trading, while investment packages for Nampula, Niassa, Inhambane and Gaza target local processing and higher-value production. Business leaders say industrial parks, including Topuito, can attract factories and help domestic suppliers serve major projects. Mining: Gemfields’ latest Montepuez ruby auction raised $52 million, with 90% of offered carats sold. The company says operational challenges have constrained production, but demand remained strong. Energy: State-owned ENH is discussing a proposed $250 million gas project with Sasol and ROMPCO. Planned facilities at Inhassoro and Beira, linked by a 140-kilometre pipeline, could support regional supply from 2030–31. Trade Infrastructure: Maputo has begun a $150 million dredging project to handle larger vessels, while DP World is backing a separate port expansion.
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