Bullish Growth Story For Mining Sector Mozambique will be one of the major growth stories in the global mining sector, as a combination of enormous coal reserves and sound business environment coalesce to provide rapid growth in output. We expect the value of the country’s mining sector will reach US$735mn in 2017, from US$178mn in 2011. This growth supports our bullish view for the Mozambican economy and will see the mining sector rise from 1.5% of GDP in 2011 to 2.9% in 2017. Almost all of the country’s coal production will be exported and thus Mozambique will become a key …
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