Brazil’s Vale Gets License For Ponta da Madeira Rail Terminal

Brazil’s Vale Gets License For Ponta da Madeira Rail Terminal : Brazilian mining giant Vale SA said it has received a license to operate new rail infrastructure at its Ponta da Madeira port terminal, the latest advance in the company’s effort to expand capacity for shipping iron ore out of northern Brazil.

The latest permit will allow Vale to operate loading yards, an access line to new car dumpers, a passenger-train rail loop and new buildings at the Ponta da Madeira railway terminal, in Maranhao state.

Earlier this month, Vale received an operating license for a the onshore and offshore segments of Pier IV pier at Ponta da Madeira.

Both the port terminal and the new pier are included in Vale’s $4.11 billion CLN 150 project to expand the capacity of its northern logistics corridor to 150 million metric tons of iron ore per year. The project is designed to handle additional production in coming years from Vale’s massive Carajas iron-ore complex in the Amazon region.

Ponta da Madeira Rail Terminal

Source : VALE

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