Apollo and Vale Forge $600 Million Joint Venture for Oman Iron Ore Distribution

Apollo and Vale (VALE3) announced on Tuesday, August 6, 2024, that they have established a joint venture. This venture relates to the Vale Oman Distribution Center (VODC). The center is an integrated facility for blending and distributing iron ore. It has a nominal capacity of 40 million tons per year (Mtpa). Key Details of the […]