AGP Executive Report
Last update: 9 hours agoMozambique Mining Reform: Mozambique’s president signed new mining laws giving the National Mining Company (ENM) a free 15% stake across the mining value chain, pushing domestic processing and banning raw or semi-processed mineral exports unless government approves. Mozambique Energy & Industry: Mozambique’s economy could get a boost from gas projects as the country’s LNG push gathers momentum, while regional gas supply constraints remain a key risk for investors. Mozambique Tourism Push: Maputo expects $7bn in tourism investment over seven years, with reforms and EU engagement highlighted at the Mozambique–EU Business Forum. Mozal Revival Bid: South Africa’s IDC is weighing options to buy South32’s controlling stake in Mozambique’s Mozal aluminium smelter, aiming to revive a plant in care and maintenance after failed power tariff talks. LNG Engineering Deals: Samsung Heavy Industries secured major FLNG orders including ENI’s Coral Norte in Mozambique, underlining continued contractor appetite for Mozambique-linked gas infrastructure.
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