Big news today! Grindrod is set to acquire the remaining 35% interest in its dry bulk terminal, Terminal de Carvão da Matola Limitada (TCM), from Vitol. The dry bulk terminal (TCM) has an annual capacity of over 7 million tonnes, primarily handling magnetite and coal, the ability to receive cargo via rail and road, and a dedicated export berth. It is ideally positioned to provide an efficient and cost-effective integrated logistics solution for customers' cargo flow. This move enhances Grindrod's operational capabilities, strengthens its commitment to driving economic growth in the region, and solidifies its commitment to making a positive difference in Africa's trade with the world.
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