The site plays an important role in EMR’s activities in the South East of England. It acts as an export hub for the company’s numerous depots around London, and handles over 1 Mt of UK-produced scrap metal (mainly iron and steel) every year.
The processed scrap metal is loaded on to vessels that can carry up to 42,000t at a time and transported to destinations as far away as India or Korea.
“The environmental benefits of metal recycling are enormous and help to conserve the world’s scarce resources,” said EMR. It added that using recycled metal to produce new steel, as opposed to it being made from new ore, saves 1.5t of carbon dioxide for every tonne of steel produced.
Bob Garwood, EMR’s UK CEO, commented: “We are delighted that we will be continuing to export from Tilbury which is one of four deepsea export facilities we operate in the UK. The investment we are making in upgrading the facilities will help to ensure that the site is competitive and has the capacity to meet the needs of the group over the next 10 years.”
Peter Ward, senior asset manager at the Port of Tilbury, said: “This announcement is great news for both EMR and the Port of Tilbury. We have a strong relationship with EMR and we are delighted that this will continue through this new lease agreement. This investment is a significant indicator of the position Tilbury has as a major deepsea port for the south east of the UK.”