Ores

Vale contracts Hidrovias do Brasil to handle maximum volume in 2021

Oct, 15, 2020 Posted by Ruth Hollard

Week 202043

Hidrovias do Brasil has announced that Mineração Corumbaense Reunida, a subsidiary of Vale International, informed its subsidiary Girocantex, that in 2021 it will handle the maximum contractual volume provided for in the contract between the parties.

As a result, the company will have to dedicate 8 trains to meet Vale’s request, which means 6 more trains than will be used in 2020.

Hidrovias do Brasil explains that the contract, signed in 2012, was made in the take or pay’’ modality and refers to the transportation of up to 3,250 thousand tons of iron ore per year on the Paraguay-Paraná Waterway, for a period of 25 years.

Source: Eu quero investir

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