Oman and Etihad Rail Co. signs deal with Brazilian mining giant  

RIYADH: Oman and Etihad Rail Co., the developer and operator of the UAE-Oman Rail Network, has signed a memorandum of understanding with Vale, one of the world’s largest mining firms, to utilize the rail project in the mining sector. 

The MoU seeks to explore utilizing rail to transport iron ore and its derivates between Oman and the UAE connecting Vale’s industrial complex in Sohar Port and Freezone to its planned industrial complex in the UAE.