The Tilbury Docks facility is a key export hub for the metal recycler’s numerous London depots, handling over 1 million tonnes of UK-produced scrap iron and steel ever year.
Around 42,000 tonnes of scrap metal received at the site is loaded on to vessels at a time destined for overseas including customers in India and Korea.
In addition, EMR is planning to upgrade its facilities at the site and invest around £3 million in ship-loading equipment.
Bob Garwood, EMR’s UK chief executive, said: “We are delighted that we will be continuing to export from Tilbury which is one of four deep sea export facilities we operate in the UK. The investment we are making in upgrading the facilities will help to ensure that the site is competitive and has the capacity to meet the needs of the group over the next 10 years.”
Peter Ward, senior asset manager from the Port of Tilbury welcomed EMR’s decision to remain on the site.
He added: “This announcement is great news for both EMR and the Port of Tilbury. We have a strong relationship with EMR and we are delighted that this will continue through this new lease agreement. This investment is a significant indicator of the position Tilbury has as a major deep sea port for the south east of the UK.”
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