According to Vale,With a capacity of handling 30 million metric tons of iron ore per year, TRMT will serve as a strategic distribution hub to the customers in Asia. Until November, TRMT had already unloaded eight Valemaxes and loaded nine Capesizes and one Panamax successfully.
On 7th November 2014, Vale commemorated the inauguration of its regional iron ore distribution centre in Teluk Rubiah, Lumut, Perak. Following US$ 1.37 billion in estimated investments, the centre in Malaysia, formally known as Teluk Rubiah Maritime Terminal (TRMT), is now operational.
“Teluk Rubiah is a cornerstone of Vale’s business strategy of investing in solutions which aim to enhance the company’s capability to supply iron ore more efficiently to the Asian markets”, said Mr. Murilo Ferreira, Vale’s Chief Executive Officer. “The distribution centre brings our mines closer to our customers in Asia.”
“Located in the Straits of Malacca, about 10 days far from other ports in the region, the distribution centre will allow the company to reduce the iron ore delivery time to our clients in Asia and Southeast Asia, increasing our competitiveness”, added Mr. José Carlos Martins, Vale’s Executive Officer for Ferrous and Strategy.
With TRMT, Vale will have the opportunity to provide greater flexibility for supplying iron ore with different grades customized to meet the needs of its clients. Furthermore, the distribution centre, combined with a fleet of very large ore carriers, represents a more sustainable solution, contributing to a reduction in GHG emissions for iron ore delivered to Asia. TRMT is capable of receiving Valemax vessels, which allow for a 35% reduction in carbon emissions per ton of ore transported. From there, the iron ore is transported in Capesize vessels to its port destinations.