The ongoing post-election unrest in Mozambique has had a significant impact on mining operations, particularly for South32’s Mozal Aluminium smelter.
The company has been forced to withdraw its output forecast for the fiscal year due to disruptions in the supply chain caused by road blockades and border closures.
This disruption has broader implications for the mining industry, particularly for South African companies that rely on the Port of Maputo for exporting minerals like chrome.
Companies such as Tharisa have been affected by the border closures, which have hindered the transportation of goods.
The unrest in Mozambique highlights the fragility of supply chains and the potential for geopolitical events to disrupt global trade.
As the situation in Mozambique continues to evolve, it remains to be seen how long the disruptions will last and what the ultimate impact will be on the mining industry.