The project. Vale, a world leader in iron ore mining and distribution, wanted to build a distribution facility in Lumut, Malaysia, having a capacity to handle 200 million tonnes of iron ore per annum. Keller was awarded a design and build contract for the foundation of the iron ore facility.
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WhatsAppGet PriceGet A QuoteAccording to data from the World Bureau of Metal Statistics, the volume of iron ore imported to Malaysia was about 19.16 million metric tons in 2020. That year, about 2.9 billion tons of iron ore
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WhatsAppGet PriceGet A QuoteAs iron ore is the main component of steel, demand for it is slated to rise in tandem and, in the process, nudge prices northwards. Last week, China’s Dalian Commodity Exchange iron ore futures for September was testing US$170 per tonne, while Singapore’s SGX TSI Iron Ore Futures, also a widely used index, was at US$183 per tonne. Both
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