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(DALIANNEWS)- A cooperation agreement on the port ore logistics was signed between Brazil's Companhia Vale do Rio Doce (CVRD) and PDA Corporation in Dalian, a coastal city of northeastern China’s Liaoning Province, August 25, 2008.
Port of Dalian will offer services including discharging, ore mixing, storage and redistribution before the end of year 2020 according to the contract.
CVRD is the world's largest producer and exporter of iron ore. The company plans to build 12 super-tonnage ore carriers so as to meet the demand of the Chinese market.
The cooperation of the two companies will also lower the production cost of steel for China.
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