British company Consolidated General Minerals (CGM) has announced it plans to build a clinker processing and cement packing unit next to the port of Beira, in Mozambique, with capacity to produce 110 tons of cement per hour.
In a statement issued on its website, the company said it was in advanced negotiations to set up a partnership with Calme SpA, an Italian cement manufacturer, to build and operate the Beira factory, where an initial US$24 million would be invested.
CGM also said it had purchased a 40,000 square-meter plot for construction of the cement plant on the outskirts of the port of Beira, which has good rail and road access.
The plot will be integrated into the assets of the partnership, engineering work has already begun and the environmental impact study is due to begin in the next few weeks.
The company said in its statement that it was confident that the project would be approved by the Mozambican government and added that, as soon as all the governmental authorisations had been granted, construction of the plant would begin and take around 15 months.
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