09
Nov
00:00
Vale's new Asian iron ore distribution terminal opens for business
Brazil’s Vale confirms to Kallanish that its new iron ore distribution centre in Malaysia is now operational. The Teluk Rubiah distribution facility, located in the Straits of Malacca, will serve as a strategic hub for the company’s customers in Asia, the miner says.
The $1.37 billion investment has a capacity to handle 30 million tonnes/year of iron ore. The import facility can unload vessels up to 400,000 dead weight tonnes and the export…
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