Intercement announced the divestment of its cement assets in Mozambique and South Africa to Chinese Huaxin Cement. The assets include 3.3 Mta cement capacity from 2 integrated and 3 grinding plants in Mozambique as well as 2.0 Mta capacity from 1 integrated plant in Simuma (photo) and 2 grinding plants in South Africa. The investment by Huaxin is according to the ‘Belt and Road’-initiative, to boost Huaxin’s presence in Africa. At present, also the construction of the 3000 tpd Nacala kiln upgrade project in Mozambique is advancing, commissioning is planned in August 2024.