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| name = MOZAL, SARL
| name = MOZAL, SARL
| logo = Mozal logo.png
| logo = Mozal logo.png
| type = [[Private company]]
| type = [[Subsidiary]]
| foundation = {{Start date and age|1998}}
| foundation = {{Start date and age|1998}}
| location = [[Maputo]], [[Mozambique]]
| location = [[Maputo]], [[Mozambique]]
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| net_income = {{Increase}} [[USD|$]] 123&nbsp;million <ref name=":0" />
| net_income = {{Increase}} [[USD|$]] 123&nbsp;million <ref name=":0" />
| net_income_year = 2021
| net_income_year = 2021
| industry = [[aluminium]]
| industry = [[Aluminium]]
| products = [[aluminium|aluminium products]], [[aluminium|aluminium alloys]]
| products = [[aluminium|aluminium products]], [[aluminium|aluminium alloys]]
| homepage = [https://www.south32.net/our-business/southern-africa/mozal-aluminium www.south32.net]
| homepage = [https://www.south32.net/our-business/southern-africa/mozal-aluminium www.south32.net]
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}}</ref>
}}</ref>


⚫
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 [[Mozambican Civil War|country's civil war]] in the early 1990s.<ref>{{Citation

⚫
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 [[Mozambican Civil War|country’s civil war]] in the early 1990s.<ref>{{Citation
| url = http://www.mitsubishicorp.com/jp/en/csr/sustainability/sustainability06.html
| url = http://www.mitsubishicorp.com/jp/en/csr/sustainability/sustainability06.html
| title = Aluminium Business and Regional Development
| title = Aluminium Business and Regional Development
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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.
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 ton 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 tons. It is responsible for 30 percent of the country’s official exports and also uses 45 percent of the electricity produced in Mozambique.<ref>{{Citation
Originally commissioned as a 250 ktpa (250,000 [[tonne]]s 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.<ref>{{Citation
| url = https://www.theguardian.com/global-development/2013/jan/08/mozambique-smelting-profits-foreign-coffers
| url = https://www.theguardian.com/global-development/2013/jan/08/mozambique-smelting-profits-foreign-coffers
| title = Mozambique smelting profits should not fill foreign coffers, say campaigners
| title = Mozambique smelting profits should not fill foreign coffers, say campaigners
Line 50: Line 49:
}}</ref>
}}</ref>


In February 2013, Mozal signed an agreement under which it will supply 50,000 tonnes of aluminium to Midal, one of the world’s largest manufacturers of aluminium cables. Midal is to set up a factory in Mozambique and use aluminium ingots produced at the Mozal smelter as its raw material. This is the first time that aluminium produced by Mozal will be used in Mozambique, as up until this agreement, Mozal exclusively exported its aluminium.<ref>{{Citation
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.<ref>{{Citation
| url = http://allafrica.com/stories/201302160027.html
| url = http://allafrica.com/stories/201302160027.html
| title = Mozal aluminium to be used in Mozambican industry
| title = Mozal aluminium to be used in Mozambican industry
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| publisher = [[AllAfrica]]
| publisher = [[AllAfrica]]
| location = Africa
| location = Africa
}}</ref>
}}</ref>
Midal's factory in Mozambique started operation in 2014, with a capacity of 50 ktpa of aluminium rods and 24 ktpa of aluminium wire.<ref>{{cite web |title=Midal Cables International Limitada – Mozambique |url=https://www.midalcable.com/midal-cables-international-limitada-mozambique |website=Midal Cables |access-date=25 March 2024}}</ref>


BHP Billiton holdings were demerged into [[South32]].<ref>{{Cite web|title = Demerger|url = http://www.bhpbilliton.com/home/investors/Pages/South32Demerger.aspx|website = [[BHP]]|accessdate = 2015-06-18}}</ref> South32 currently owns 63.7%, Mitsubishi Corporation (through MCA Metals Holding GmbH), the Industrial Development Corporation of South Africa Limited and the Government of the Republic of Mozambique share the remaining ownership interest. <ref>{{Cite web|title = Ownership 2023|url = https://www.south32.net/our-business/southern-africa/mozal-aluminium|website = [[South32]]|accessdate = 2023-01-23}}</ref>
BHP Billiton holdings were demerged into [[South32]].<ref>{{Cite web|title = Demerger|url = https://web.archive.org/web/20150522012735/http://www.bhpbilliton.com/home/investors/Pages/South32Demerger.aspx|website = [[BHP]]|accessdate = 2015-06-18}}</ref> South32 currently owns 63.7%, [[Mitsubishi Corporation]] (through MCA Metals Holding GmbH), the [[Industrial Development Corporation (South Africa)|Industrial Development Corporation]] of South Africa and the Government of Mozambique share the remaining ownership interest.<ref>{{Cite web|title = Ownership 2023|url = https://www.south32.net/our-business/southern-africa/mozal-aluminium|website = [[South32]]|accessdate = 2023-01-23}}</ref>


==References==
==References==

Latest revision as of 04:28, 11 October 2024

For the village in Iran, see Mozal, Iran.
MOZAL, SARL
Company typeSubsidiary
IndustryAluminium
Founded1998; 27 years ago (1998)
HeadquartersMaputo, Mozambique
Productsaluminium products, aluminium alloys
RevenueIncrease $1.098 billion [1] (2021)
Increase $ 123 million [1] (2021)
Number of employees
993 [1] (2021)
ParentSouth32
Websitewww.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]
  1. ^ a b c "Top 100 Companies in Mozambique" (PDF). KPMG. KPMG Moçambique. Retrieved 2023-01-26.
  2. ^ Mozal Overview, Mozambique: Mozal, 2008, archived from the original on April 30, 2008
  3. ^ Aluminium and Nickel, BHP Billiton
  4. ^ Aluminium Business and Regional Development, Japan: Mitsubishi Corporation, 2012
  5. ^ Tran, Mark (8 January 2013), written at London, "Mozambique smelting profits should not fill foreign coffers, say campaigners", The Guardian, England
  6. ^ Mozal aluminium to be used in Mozambican industry, Africa: AllAfrica, 2013
  7. ^ "Midal Cables International Limitada – Mozambique". Midal Cables. Retrieved 25 March 2024.
  8. ^ "Demerger". BHP. Retrieved 2015-06-18.
  9. ^ "Ownership 2023". South32. Retrieved 2023-01-23.
[edit]

25°54′55″S 32°24′47″E / 25.91528°S 32.41306°E / -25.91528; 32.41306

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