Hematite is an iron ore that contains iron in the form of Fe 2 O 3. It is a significant source of iron extraction. Hematite is a mineral that is paramagnetic. As a result, it can be drawn to an external magnetic field.
It is an iron oxide with a chemical composition of Fe 2 O 3. It is a common rock-forming mineral found in sedimentary, metamorphic, and igneous rocks at locations throughout the world. Hematite is the most important ore of iron.
Hematite is a heavy and usually hard oxide mineral that constitutes the most important iron ore123. It has a chemical formula Fe2O3, indicating that it consists of two iron (Fe) atoms bonded to three oxygen (O) atoms4. Hematite has a high iron content and is one of the most abundant iron ores found on Earth43. It is often found in sedimentary, metamorphic, and igneous rocks4. Hematite is mined in some of the largest mines in the world3. Hematite ore has naturally high iron content suitable for steelmaking5.
Features Of Iron Ore:
Iron ore is the main raw material that is used in the manufacturing of steel. 97% of the mined iron ore goes in the steel production. Nigeria has rich deposits of Iron Ore and is among the top 8 exporter of iron ore in the world.
Please find below our IRON ORE SPECIFICATIONS
1. HAEMATITE IRON ORE SITE 1
- Reserve Estimate : 26,553,534.835 Metric Tons
- Iron Content: 70%
- S.G: 4.05
2. HAEMATITE IRON ORE SITE 2
- Reserve Estimate : 29,433,844.835 Metric Tons
- Iron Content: 72%
- S.G: 4.2
3. MAGNETITE IRON ORE
Reserve Estimate : 243,838.14 Metric Tonnes
- Iron Content: 60.8%
- S.G: 5.0
Metal analysis of 6.885 Iron Ore
QUALITY TEST: Analysis was done using AAS & XRF-ANALYZER and the ELEMENTAL Compositions of the sample(s) are reported below:
CERTIFICATE OF ANALYSIS
SAMPLE ID IRON ORE SPECIFIC GRAVITY
(SG)
PARAMETERS Weight % 5.00
TiO2 0.746
Fe2O3 60.885
As2O4 <0.001
V2O5 0.417
NiO <0.001
MnO2 0.413
Cr2O3 0.195
PbO 0.656
Sb2O5 <0.001
CuO <0.001
SiO2 2.153
SnO2 <0.001
Bi2O3 <0.001
UO2 <0.001
HfO2 <0.001
ZrO2 0.059
ZnO 0.560
CoO 0.614
Ag2O <0.001
Iron ore is the main raw material that is used in the manufacturing of steel. 98% of the mined iron ore goes in the steel production. India has rich deposits of Iron Ore and is among the top 10 exporter of iron ore in the world.
Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe3O4) and hematite (Fe2O3). Iron ore is the source of primary iron for the world's iron and steel industries.
It is therefore essential for the production of steel, which in turn is essential to maintain a strong industrial base. Our monthly ability to export Iron Ore is of 2000-5000MT per month.
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (Fe3O4, 72.4% Fe), hematite (Fe2O3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH)n(H2O), 55% Fe) or siderite (FeCO3, 48.2% Fe).
Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as natural ore or direct shipping ore, meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel 98% of the mined iron ore is used to make steel.
Item Specification
Fe: 57 Min
SiO2: 4 Max
Al2O3: 5.5 Max
Moist: 12 Max
P: 0.08 Max
S: 0.04 Max
+40mm: 5 Max
-6mm: 20 Max
LOI: 7 About
TI: 70 Min
AI: 15 Max
RI: 60 Min
RDI: 25 Max
DI: 10 Max
Quality: 62% - 65% Fe+ (64% ave)
Magnetite and Hematite
Fines and Lumps
Quantity Capacity: 3,000,000MT per month
Shipping terms: FOB-CFR-CIF
Destination: any world port
Origin: Mexico, Chile, Peru and South Africa
Payment: 100% LC at sight
We are direct selling iron ore agents with JV agreements in place with 5 mines, providing us supply capacity circa 3,000,000/Mt per month.
Supply Agreements:
When buying Iron Ore from us you are buying a Supply Agreement for our mining partners to extract and process the iron ore you request, then for my team to arrange logistics and export to you.
Product Price:
Our price is determined by global supply and demand for ongoing supply agreements using PLATTS minus discount and higher product volumes warrant marginally reduced prices.
Payment Terms:
We act according to ICC responsible trade practice engaging bank to bank payment terms by 100% Letter of Credit LC (MT700) at sight, Performance Bond and MT103 payment upon satisfaction of LC terms.
Shipment Options:
We use INCOTERMS 2020, Shipping terms: FOB-CFR-CIF, Destination: any world port, Loading Port: Lazaro Cardenas or Manzanillo, Mexico. Port of Callao, Peru. Port of Valpara�?so, Chile. Port of Durban, South Africa
Insurance: 110% shipment value.
Product Ownership:
Once the transfer of payment is received we will issue the Certificate of Transfer of Ownership to the Buyer for each and every shipment throughout the supply agreement term.
We are counted amongst the leading names of the company that is into offering Iron Ore. The products offered by us are of very fine quality. These products have rich content of iron as a result the users get relatively high amount of iron. Our products are very easily enriched as a result our clients save their precious time and money.
We supply Iron Ore in different types-
Iron Ore Lumps (Hematite & Magnetite)
Iron Ore Fines (Hematite & Magnetite)
