The agreement will allow Rio Tinto to use Dalian port as a transhipment hub and provide better service to steel mills in North China.
"The cooperation can fully explore advantages of blending iron ore operation at Dalian port, and further improve port service ability to jointly develop a world-class blending iron ore distribution hub, according to Liaoning Port Group.
In September 2020, Liaoning Port Group and Rio Tinto initiated collaboration on bonded area operation for blending iron ore.
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