News
04 September 2020

Vale completes first iron ore sale via blockchain

In:
Metals and Mining
Region:
Americas, Asia-Pacific

Brazilian miner Vale has completed its first sale of iron ore using blockchain technology. The deal was with Nanjing Iron & Steel Group International Trade Co, for a cargo of 176,000 tonnes of Brazilian Blend Fines from Teluk Rubiah Maritime Terminal, in Malaysia, to China. The Letter of...

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