Vale, Ningbo Zhoushan Port to invest 651m in ironore
9 #0183;#32;Brazilian iron ore miner Vale and Chinas Ningbo Zhoushan Port have reportedly agreed on a deal to invest () in iron ore storage and processing facilities in the Chinese province of Zhejiang. The latest move follows the inauguration of Shulanghu Grinding Hub in August by the two companies at the port in eastern China.