Vale Begins Operations at Oman Pelletising Plant

3 May 2011 (Last Updated May 3rd, 2011 18:30)

Vale has begun production at its $1.35bn pelletising plant in the coastal city of Sohar, Oman. The pelletising plant and distribution centre will serve as a hub for the growing demand of iron ore products in the Middle East, North Africa and India. The pelletising plant's two

Vale has begun production at its $1.35bn pelletising plant in the coastal city of Sohar, Oman.

The pelletising plant and distribution centre will serve as a hub for the growing demand of iron ore products in the Middle East, North Africa and India.

The pelletising plant's two units will each have a nominal capacity of 4.5 million metric tonnes of direct-reduction pellets per year.

Vale formed a partnership with the Omani government through the sale of a 30% stake in the pelletising plant to Oman Oil Company in May last year.