Minas de Revuboè Limitada

What Minas de Revuboè Limitada does

Minas de Revuboè Limitada is a privately-held Mozambican coal mining company that holds Mining Concession 4064C, spanning approximately 3,964.55 hectares in the Moatize District and Tete Municipality of Tete Province. The company is developing the Revuboè Mine, a greenfield open-pit coal operation targeting Karoo Supergroup sediment-hosted deposits in the Moatize Sub-basin. Its product portfolio is structured around two coal streams: prime hard coking coal for steelmaking as the primary product and thermal coal for power generation as a secondary stream. Total estimated reserves stand at approximately 850 million tonnes, with potential to yield around 250 million tonnes of usable coking coal over the life of mine. JORC-compliant resources total 1,580 Mt (605 Mt Measured, 535 Mt Indicated, 445 Mt Inferred) and the mine has a designed processing capacity of up to 25Mtpa, with a first-phase target of 2.4Mtpa within 2.5 years. The ROM strip ratio is 3.08:1.

The company is majority-owned (92.2%) by Talbot Group, an experienced resources-focused private investment company, with POSCO Australia holding a 7.8% joint venture interest and Nippon Steel Corporation also listed as a shareholder/offtake partner. The company is headquartered in Maputo, Mozambique, with the mining concession located approximately 12 km north-east of Tete town. In March 2026, JSW Steel announced it would undertake development of the project as part of its strategy to secure long-term coking coal supplies supporting its target of reaching 50 million tonnes per annum of steel capacity in India by 2030. The board is chaired by Ron Douglas, with directors drawn from Talbot Group subsidiaries (Midrev, Jockeys), POSCO Mauritius, and independent directors with backgrounds at Rio Tinto, ArcelorMittal, Ausenco, Orica, and Port Maputo.

The company's revenue model is a B2B bulk commodity transaction model: once in production, revenue will be generated from sales of coking coal and thermal coal to international steel manufacturers and power producers, with pricing tied to global commodity benchmarks. Distribution is conducted through port-export bulk commodity channels via Mozambique ports, with proximity to ports positioning the mine as a strategic supplier to Indian steel plants. As of the input data, the company is in development phase with no commercial production revenue reported and headcount of 11-50 employees, consistent with a project-development organizational structure rather than an operating mine.

Name

Minas de Revuboè Limitada

Legal name

Minas de Revuboè Limitada

Website

https://revuboe.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Minas de Revuboè Limitada is a Mozambican coal mining company developing the Revuboè open-pit mine in Tete Province, producing hard coking coal for steelmakers and thermal coal for power producers. Majority-owned by Talbot Group with POSCO and Nippon Steel as strategic shareholders.

Ownership category

akta.pro rank

Product category

Coal Mining

NAICS

Surface Coal Mining (212114), Coal Mining (2121)

SIC

Bituminous Coal & Lignite Surface Mining (1221), Bituminous Coal & Lignite Mining (1220)

akta.pro primary industry

Thermal Coal Mining (Steam Coal) (IMAKAIAA)

akta.pro secondary industries

Coal Mine Development & Construction (Shafts, Declines, Overburden/Pre-strip) (IMAKAIAF), Coal Preparation & Beneficiation (Washing, Crushing, Screening) (IMAKAIAH)

Keywords

• Coking coal mining
• Thermal coal production
• Open-pit mining
• Metallurgical coal supply
• Coal mining operations

Headquarters

HQ city

Maputo

HQ country

Mozambique

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Others

Revenue model

1. Coal Sales: The company generates revenue through the sale of coal products—coking coal (hard coking coal) and thermal coal—produced from its open-pit mining operations. Coal is sold to international steel manufacturers and power producers, with proximity to ports positioning it as a strategic supplier to Indian steel plants.

Distribution channels1 record

Marketing channels2 records

Core offering

Minas de Revuboè Limitada operates the Revuboè Mine, an open-pit coal mining project located in the Moatize District of Tete Province, Mozambique, under Mining Concession 4064C (approximately 3,964.55 hectares). The project produces two coal product streams — prime hard coking coal (metallurgical coal) for steelmaking and thermal coal for power generation — with potential processing capacity of up to 25Mtpa and an estimated 850 million tonnes of reserves.

Product overview

Minas de Revuboè Limitada operates as a coal mining company with a single integrated mining operation. The company produces two coal products from its Revuboè Mine: coking coal (metallurgical coal) and thermal coal. The greenfield mine project has an estimated processing capacity of up to 25 million tonnes per annum, targeting premium hard coking coal for the global steel industry and thermal coal for power generation markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Coking Coal (Metallurgical Coal) Prime hard coking coal produced from the Revuboè Mine open-pit operation in Tete Province, Mozambique, sold as a key input for steelmaking to international steel manufacturers (including JSW Steel, Nippon Steel, and POSCO). Targeted as the primary product stream of the mine.
• Thermal Coal Thermal coal produced as a secondary product stream from the Revuboè Mine open-pit operation, intended for sale to electricity generation companies and power producers globally.
• Revuboè Mine (Open-Pit Coal Mining Operation) Open-pit coal mining project located in Tete Province, Mozambique, operating under Mining Concession 4064C across approximately 3,964.55 hectares in the Moatize Sub-basin of the Karoo Supergroup. The mine has potential to process up to 25Mtpa of coal and produces both coking coal and thermal coal.

Quantifiable outcome

• First phase expected to produce 2.4 million tonnes per annum of prime hard coking coal within 2.5 years
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• JSW SteelcoreStrategic or Co-development PartnerJSW Steel has announced its undertaking of the Minas de Revuboè (MdR) coking coal mining project in Mozambique's Moatize coal basin as part of its strategy to secure long-term supplies of key steelmaking raw material. The project supports JSW Steel's target of reaching 50 million tonnes per annum steel capacity in India by 2030, while also contributing to its decarbonisation objectives.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Anglo American: Anglo American has historically operated large-scale metallurgical and thermal coal assets (and currently has exposure through minority/divestment positions). Comparable as a broad mining incumbent with coking coal expertise and African operational experience.
• Teck Resources: Teck is one of the world's largest producers of premium hard coking coal via its Elk Valley operations in Canada. Directly comparable as a pure-play prime hard coking coal miner supplying global steelmakers.
• Peabody Energy: Peabody is a major global thermal coal producer with seaborne export exposure. Comparable as a large-scale export-oriented coal miner with similar end-market exposure to Asian utilities.
• Glencore: Glencore is one of the world's largest diversified miners with a significant thermal and coking coal portfolio. Comparable as a broad incumbent in seaborne coal markets serving both steel and power customers.

Others

• POSCO: POSCO holds a 7.8% JV interest in Minas de Revuboè and is a major global steelmaker. Comparable as a strategic coking coal offtaker/investor rather than a mining operator, but materially shapes demand for the project's output.
• JSW Steel: JSW Steel is the development partner and announced in March 2026 it will undertake the Revuboè project as part of its raw material strategy. Not a miner itself, but a strategic anchor customer/shareholder that defines the project's commercial pathway.
• Nippon Steel Corporation: Nippon Steel is a shareholder in Minas de Revuboè through subsidiaries and a major global steelmaker with strategic interest in securing premium coking coal supply. Comparable as an offtake partner and strategic investor in coal assets.

Direct peers

• Whitehaven Coal: Whitehaven Coal is an Australian producer of premium coking and thermal coal for export markets, including India. Directly comparable on product mix (coking + thermal), export orientation to Asia, and project-development profile.
• Vale: Vale operates the Moatize coal mine in the same Tete Province coal basin in Mozambique. It is the most directly comparable peer given identical geography, similar coking/thermal coal product mix, and overlapping port/logistics infrastructure.

Regional players

• Beacon Hill Resources: Beacon Hill Resources historically operated the Minas Moatize coal mine in Tete Province, Mozambique. Comparable as a regional coal peer in the same Mozambican basin facing similar infrastructure, regulatory, and logistics dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutu.be/lOEt5GhNpMU

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Minas de Revuboè Limitada