IPOH: Brazilian mining giant Vale International SA's construction costs in its iron-ore transshipment project will be between RM9bil and RM14bil over a five-year period, and the project will likely start in July or August this year, said Perak Mentri Besar Datuk Seri Dr Zambry Abdul Kadir.
Vale has received the necessary planning and statutory approvals. It is now in the midst of drawing up the engineering plan.
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