It is reported that Dalian Port has concluded a logistics cooperation agreement with Brazil’s mining giant Companhia Vale do Rio Doce, or Vale, to distribute 5 million to 10 million tonnes of iron ores annually until the end of 2020.
The port will provide such services as upload, ore mixing, storage and redistribution. Dalian Port has a subsidiary ore terminal with an annual berthing capability of 20 million tonnes. The present 4.6 million tonne storage capacity can be increased to 6 million tonnes after the completion of its third storehouse.
China has become the biggest and most important ore importer of Vale, who sold 70 million tonnes of iron ores to China in 2006 and around 100 million tonnes in 2007.
Mr Zhu Kai president of Vale China said that Vale's output this year would exceed 300 million tonnes, one third of which would be shipped to China.
The port will provide such services as upload, ore mixing, storage and redistribution. Dalian Port has a subsidiary ore terminal with an annual berthing capability of 20 million tonnes. The present 4.6 million tonne storage capacity can be increased to 6 million tonnes after the completion of its third storehouse.
China has become the biggest and most important ore importer of Vale, who sold 70 million tonnes of iron ores to China in 2006 and around 100 million tonnes in 2007.
Mr Zhu Kai president of Vale China said that Vale's output this year would exceed 300 million tonnes, one third of which would be shipped to China.