Brazilian iron ore mine
Dalian Port has signed a co-operation agreement with Brazilian mining giant Vale. The port will provide services such as unload, stock and distribution to the mining giant until 2020.
As China’s biggest iron ore provider, the company exported 69 million tons to the country in 2006 and 984 million tons in 2007.
Vale’s plans to build 12 iron ore vessels of 300,000 tons capacity to serve Chinese customers and to provide a stable supply.
Dalian Port is one of China’s large coastal ports. It can unload 15 million tons of iron ore every year. The existing two storage yards can stock 4.53 million tons and the figure will expand to 6 million tons after the third one is completed.
Source: Seatrade Asia Online