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The new business model of "bonded screening + international transit" of overseas iron ore was first carried out in Dalian

On October 22, under the supervision of Dalian Customs, 62,000 tons of iron ore were loaded and exported at the Dalian Port Ore Terminal of Liaogang Group. This is the first time that the Liaoning Pilot Free Trade Zone has tested the international transit business of iron ore "bonded sieve ore".

The new business model of "bonded screening + international transit" of overseas iron ore was first carried out in Dalian

Iron ore "bonded sieve ore" site. (Photo by Yan Shanyou)

The reporter learned from the Dalian Free Trade Area that in order to accelerate the construction of dalian international shipping center and build a northeast Asian ore distribution center and mixed ore base, Dalian free trade area gives full play to the advantages of system innovation that is the first to be tested first, and takes the lead in officially carrying out the new business model of "bonded screening + international transit" of overseas mining iron ore in domestic customs supervision places, and effectively promotes the construction of import trade promotion innovation demonstration zone, which can be copied and promoted to the whole country.

Iron ore "bonded screening" business is to move the traditional screening operation after customs clearance to the bonded supervision site with environmental protection facilities, and after screening, it can be imported into the domestic or transferred to the international market, fully releasing the "bonded simple processing" policy dividend.

Dalian Port Ore Terminal introduced international mining giant Rio Tinto Group and took the lead in carrying out this business. The first batch of 72,000 tons of direct-mined iron ore arrived at Dalian Port on September 25. On September 27, Liaoning Port Co., Ltd. and Rio Tinto Mining Trading (Shanghai) Co., Ltd. signed a cooperation framework agreement in Dalian to further expand the new model of iron ore business and supply chain service cooperation. This is the second time that the two sides cooperated to carry out the first multi-country, multi-mineral "bonded mixed" in Chinese ports on September 22, 2020 and signed the Memorandum of Understanding on Cooperation, and officially opened the Rio Tinto-Dalian Port "bonded screening + international transit" business in September this year, further expanding the depth and breadth of mutual cooperation. (China Daily Dalian Reporter Station)

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