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SÃO PAULO – Vale informed on Monday that it was participating in the process of the anticipated extension of its railway concessions, whose expiry is scheduled for 2027.
In a statement to the market, the company announced that
The government will present this week the National Plan of Logistics, a project that defines a set of priority works for the reception of
Two railways operated by Vale (Vitória-Minas and Carajás Railroad) should have open public hearings in July for the discussion.
According to the federal government, the renewal of contracts can increase up to 31% pa the distribution of freight in the country in 2025. Today, about 15% of freight is drained by the railways . Without renewals, the share amounts to 21%, since the simulations envisage the start of the North-South and West-East (Fiol) railways.
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