Vale: Neues Eisenerz Distributionszentrum in Teluk Rubiah
Perak’s economic growth to get RM 4billion boost from Vale Iron Ore Distribution Centre.
Vale launched today its iron ore distribution centre in Teluk Rubiah, which will cater for demand of steel industries in the Asia Pacific region. The centre will have a maximum throughput capacity of 60 million tons per year. Vale is investing US$ 1.4 billion (RM 4 billion) in the first phase of the project, which will create approximately 3,000 jobs in Perak during the next three years before completion.
Perak’s Chief Minister, Y.A.B Dato’ Seri DiRaja Dr. Zambry Abdul Kadir, who officiated the Groundbreaking Ceremony for Vale’s iron ore distribution centre in Teluk Rubiah said, “Vale will provide a significant boost to Perak’s economy. The positive spillover effect has begun even at construction stage”.
“The potential for creating an entire downstream ecosystem based on the magnitude of project is immense. We are looking at a multiplier effect where, the presence of the distribution centre creates new opportunities for companies in the consumer and commercial areas as well as support in distribution logistics”, said Zambry, adding that he was grateful Vale had chosen Perak for its project site.
Once operational, iron ore from Brazil will be transported in very large ore carriers (VLOCs) to Teluk Rubiah distribution centre. These vessels are the largest in the world and very limited locations have sufficient geophysical features to anchor such ships, the exceptional few including Teluk Rubiah. From there, iron ore will be distributed to clients in the Asia Pacific region such as Japan, Australia and Malaysia.
This project is also part of Vale’s strategy of investing in an integrated worldwide production and logistics system, aiming to enhance the company’s capabilities of generating customised solutions for clients, by shortening the distance between its core iron ore mines in Brazil and the growing demand from consumer markets in Asia.
Vale’s executive director for Marketing, Sales and Strategy, José Carlos Martins, said that he is confident Vale and the Perak Government will nurture a truly synergistic partnership which is able to nourish and propel growth both ways.
“Vale has an excellent global reputation of contribution to the development of the communities in the regions it is a part of. We have already started our engagement initiatives to build ties with local communities in this area as part of our effort to identify needs and potentials in step with the Perak Government’s vision of creating substantial as well as sustainable growth and opportunities for its people.”