{"id":32332,"date":"2023-01-14T10:44:30","date_gmt":"2023-01-14T10:44:30","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique"},"modified":"2023-01-14T11:06:01","modified_gmt":"2023-01-14T11:06:01","slug":"vulcan-surpasses-mozal-as-the-largest-company-in-mozambique","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique","title":{"rendered":"Vulcan surpasses Mozal as the largest company in Mozambique"},"content":{"rendered":"<p><b>By Ade\u0301rito Caldeira<\/b><\/p>\n<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale, the Indian company Vulcan Minerals became the largest company in Mozambique, with a turnover of 72.8 billion meticais.<\/p>\n<p>Aluminium smelter Mozal, which for several years headed the list of \u2018The Top 100 Companies in Mozambique\u2019 produced annually by the auditor and consultant KPMG, ended up in second position despite the rise in its turnover to 71.9 billion meticais.<\/p>\n<p>State-owned power utility EDM, thanks to a financial injection by its state shareholder and the investments of the cooperation partners in the \u2018Energy for All\u2019 project, once again saw its turnover grow in 2021 to 49 .2 billion meticais, but still lost the second position it had occupied the previous year.<\/p>\n<p>In the financial activities and insurance sector, Banco Comercial e de Investimentos (BCI) maintained its recent rise and, with a turnover of 18.9 billion meticais, became the 8th largest company in Mozambique, ahead of Banco Internacional de Moc\u0327ambique (Millennium BIM).<\/p>\n<p>But the biggest rise was that of Montepuez Ruby Mining, previously not even among the 100 largest companies in Mozambique, but which in 2021 ranked 17th, with a turnover of nine billion meticais.<\/p>\n<p>Meanwhile, Banco Big, Banco Mais, Socremo, Empresa Municipal de Transportes Rodovia\u0301rios de Maputo and Tecnel fell from the KPMG\u2019s list of the largest companies in Mozambique.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ade\u0301rito Caldeira Africa-Press &#8211; Mozambique. In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale, the Indian company Vulcan Minerals became the largest company in Mozambique, with a turnover of 72.8 billion meticais. Aluminium smelter Mozal, which for several years headed the list [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":32331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-32332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Vulcan surpasses Mozal as the largest company in Mozambique - Mozambique<\/title>\n<meta name=\"description\" content=\"In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vulcan surpasses Mozal as the largest company in Mozambique\" \/>\n<meta property=\"og:description\" content=\"In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-14T10:44:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-14T11:06:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"749\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Vulcan surpasses Mozal as the largest company in Mozambique\",\"datePublished\":\"2023-01-14T10:44:30+00:00\",\"dateModified\":\"2023-01-14T11:06:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique\"},\"wordCount\":248,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique\",\"name\":\"Vulcan surpasses Mozal as the largest company in Mozambique - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg\",\"datePublished\":\"2023-01-14T10:44:30+00:00\",\"dateModified\":\"2023-01-14T11:06:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg\",\"width\":749,\"height\":500,\"caption\":\"Vulcan surpasses Mozal as the largest company in Mozambique\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Vulcan surpasses Mozal as the largest company in Mozambique\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Vulcan surpasses Mozal as the largest company in Mozambique - Mozambique","description":"In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique","og_locale":"en_US","og_type":"article","og_title":"Vulcan surpasses Mozal as the largest company in Mozambique","og_description":"In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-01-14T10:44:30+00:00","article_modified_time":"2023-01-14T11:06:01+00:00","og_image":[{"width":749,"height":500,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Vulcan surpasses Mozal as the largest company in Mozambique","datePublished":"2023-01-14T10:44:30+00:00","dateModified":"2023-01-14T11:06:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique"},"wordCount":248,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique","name":"Vulcan surpasses Mozal as the largest company in Mozambique - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg","datePublished":"2023-01-14T10:44:30+00:00","dateModified":"2023-01-14T11:06:01+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"In the year in which it acquired the Moatize coal mine and the Nacala Logistics Corridor from the Brazilian company Vale ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/01\/postQueueImg_1673680483.50.jpg","width":749,"height":500,"caption":"Vulcan surpasses Mozal as the largest company in Mozambique"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/vulcan-surpasses-mozal-as-the-largest-company-in-mozambique#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"Vulcan surpasses Mozal as the largest company in Mozambique"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/32332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=32332"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/32332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/32331"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=32332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=32332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=32332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}