Hebei Port Group, the third-largest port operator in China, wants to strengthen ties with the Brazilian Vale in the Chinese city of Tangshan. The partnership aims to expand mineral blending and separation activities in addition to product storage at Caofeidian and Jingtang ports.
In press releases released on the 17th of June, both companies highlighted their interest in exploring the potential for applying low-carbon technologies to terminals. Vale already has a consolidated presence in the region, with the operation of Valemax ships that transported 400,000 tons of cargo to the Port of Caofeidian in September last year.
Hebei, known for its importance in the production of iron and steel, offers a strategic opportunity for Vale to expand its capabilities to supply high-quality iron ore and value-added services in northern China.