BEIJING, Dec. 18 (Xinhua) -- Ningbo Zhoushan Port Group, a large port group in China, signed a grinding service agreement with the Brazilian mining giant Vale on Tuesday.
Under the agreement, the two sides will team up to launch a new grinding product at the Shulanghu Terminal of Zhoushan. The first grinding product GF88 is expected to be launched in China in the first quarter of 2020.
Ningbo Zhoushan Port Group will provide Vale with a full range of services from site construction to operation and maintenance at the Shulanghu Terminal, said the agreement.
As China enters a new era, China's steel industry is paying more and more attention to environmental protection, and hopes to increase the proportion of pellets in blast furnace charge, according to Sergio Espeschit, president of Vale China.
The first product, GF88, to be produced at the Shulanghu Terminal, will be milled from Vale's high-end Carajas ore powder.
The GF88 product does not use fuel or water during the production process. Therefore, it does not generate tailings and wastewater. Meanwhile, it can provide the high-quality raw materials needed for pellet production, and the use of pellets will help steel mills reduce blast furnace emissions and reduce production costs, said Sergio Espeschit. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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