THE PORT OF ITAGUAÍ WILL HAVE A NEW IRON ORE TERMINAL

Companhia Docas do Rio de Janeiro (CDRJ) announced its intentions to implement another solid mineral bulk terminal at the Port of Itaguaí. The new venture, installed in an area of 312,514m², will receive R$ 3 billion in investments to increase the port’s iron ore outflow capacity by around 30 million tonnes per year. Brazil’s Planning and Logistics Company (EPL) Project Structuring manager, Fernando de Castilho, explained that “the study assesses the regional market dynamics and analyzes storage and cargo handling installed capacity in the port complex.” Castilho also commented that “the work will also determine the terminal’s demand potential and find engineering solutions for the enterprise, in addition to the economic-financial modeling.” The National Secretariat of Ports and Waterway Transportation ((SNPTA/MInfra) has taken this project as a priority, according to the Port Leases Modeling General Coordinator at SNPTA, Alessandro Marques: “The Investment Partnerships Program Board is expected to grant priority status to the ITG-02 project still in the first half of 2022.”

Source: Datamar News