Vale chooses Euroports Tarragona as iron ore hub
NewsVale and Euroports Tarragona have teamed up to enhance Mediterranean iron ore logistics, marked by the Magsenger 10 delivering 110,000 tonnes from Brazil.
The latest licence review by the government of Guinea could see concessions to major companies revoked and new port and rail projects halted. BHP Billiton announced in July that it would pull out of its Mount Nimba iron ore project in Guinea. In late October it suggested that the global economy could do without Guinean iron ore for the foreseeable future because of the development of new projects in Brazil and Australia.
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