Partnership to advance sustainable iron ore logistics solutions
Hafeet Rail, the cross-border railway developer connecting Oman and the UAE, has signed an agreement with Itaminas Comércio De Minérios., one of Brazil’s leading iron ore producers.
This agreement marks a pivotal strategic move towards enabling an integrated, and sustainable logistics ecosystem leveraging the Hafeet Rail network to link key ports and industrial zones, boost logistical efficiency and bolster the iron ore and steel production industry in both nations.
The collaboration also aims to cultivate a robust and efficient supply chain solution powered by Hafeet Rail’s cutting-edge infrastructure and connectivity, particularly Sohar Port’s rail-connected facilities and crucial role in iron ore import and value-added processing, thanks to its established advanced infrastructure, ongoing expansion plans.
Seamless connectivity
Construction on the Hafeet Rail project is advancing in both Oman and the UAE where groundwork and railbed preparation are well underway and structural works on major bridges and tunnels have begun, paving the way for seamless connectivity between the two nations.
Itaminas specializes in high grade iron ore production, currently boasting an annual output of 6.5mn tons, with environmental permits allowing for an expansion to 15.5mn tons annually.
As part of its long-term growth strategy, Itaminas is actively exploring the establishment of segments of its value chain in the GCC, capitalizing on the region’s infrastructure, energy resources, and strategic location.
