Magnetite Iron

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 colour from dark grey, bright yellow, or deep purple to rusty red. The iron itself is usually found in the form of magnetite, hematite, goethite, limonite or siderite. The primary use of iron ore is in the production of iron. Most of the iron produced is then used to make steel. Steel is used to make automobiles, locomotives, ships, beams used in buildings, furniture, paper clips, tools, reinforcing rods for concrete, bicycles, and thousands of other item

Iron Ore Magnetite

The key economic parameters for magnetite ore being economic are the crystallinity of the magnetite, the grade of the iron within the banded iron formation host rock, and the contaminant elements which exist within the magnetite concentrate. The size and strip ratio of most magnetite resources is irrelevant as a banded iron formation can be hundreds of meters thick, extend hundreds of kilometres along strike, and can easily come to more than three billion or more tonnes of contained ore.

The typical grade of iron at which a magnetite-bearing banded iron formation becomes economic is roughly 25% iron, which can generally yield a 33% to 40% recovery of magnetite by weight, to produce a concentrate grading in excess of 64% iron by weight. The typical magnetite iron-ore concentrate has less than 0.1% phosphorus, 3â??7% silica and less than 3% aluminium.

Currently magnetite iron ore is mined in Middle East,Australia& Canada Magnetite bearing banded iron formation is currently mined extensively in Brazil, which exports significant quantities to Asia, and there is a nascent and large magnetite iron-ore industry in Australia.

We can supply Iron ore from lower grade of 40% Fe to 65% Fe.

Magnetite is magnetic, and hence easily separated from the gangue minerals and capable of producing a high-grade concentrate with very low levels of impurities

The grain size of the magnetite and its degree of commingling with the silica groundmass determine the grind size to which the rock must be comminuted to enable efficient magnetic separation to provide a high purity magnetite concentrate. This determines the energy inputs required to run a milling operation.

Mining of banded iron formations involves coarse crushing and screening, followed by rough crushing and fine grinding to comminute the ore to the point where the crystallized magnetite and quartz are fine enough that the quartz is left behind when the resultant powder is passed under a magnetic separator.

Generally most magnetite banded iron formation deposits must be ground to between 32 and 45 micrometers in order to produce a low-silica magnetite concentrate. Magnetite concentrate grades are generally in excess of 70% iron by weight and usually are low phosphorus, low aluminium, low titanium and low silica and demand a premium price.

We can supply Magnetite iron ore with 63+ purity. Bolivia origin.
FOB:USD 20%/17% discount PLATTS PER TON
CFR: USD 9%/6% discount PLATTS per TM
For CIF price, the cost of sea freight will be added to the FOB price, which is normally around $16/18.
DLC Mt700 is accepted from prime/rated banks. 2% PB shall be provided.

MOQ 30,000MT. Max supply per month 70,000MT.

Magnetite Iron Ore

Iron Ore aka Iron Ore Magnetite

Fe2O3 =83.15 %
SO3 =0.33 %
P2O5 = 0.07 %
Al2O3 = 1.21%

we are seller of IRON ORE 63 % magnetite
delivery capacity : 120.000 mt per month

We are ready to supply Iron ore Mexico from two suppliers = direct mine owners
Mexico 62% and 64% CIF
South Africa 62% ^4%CIF
Chile CIF 62% direct mine owners
Lithium conc. white powder Bolivian Origin 99.5% 300MT available x12 month

Commodity: Iron Ore Magnetite- 63.73% ++ Min Grade Fe
Origin: South Africa
Total Reserve: Over 30 million Metric tons
MOQ Quantity: 50,000MT Spot x 12 Months Roll Extension
Loading Port: COEGA Port. Port Elizabeth QHEBEGA. South Africa,
Port of Destination: TBA
Price: TBA
Delivery: Upon Contract Endorsements & Confirmation of Payment Guarantees.
Specifications:

Analysis Items Analysis Results

Fe 63.76%
Al2O3 1.52%
SiO2 4.14%
S 0.04%
P 0.02%
Mn 0.07%
Moisture 0.14%
Sizing -1mm 0.00%
Sizing 1-5mm 0.19%
Sizing 5-10mm 9.43%
Sizing 10-12mm 8.49%
Sizing 12-16mm 19.43%
Sizing 16-20mm 21.55%
Sizing 20-25mm 32.49%
Sizing +25mm 8.49%

Payment Terms: Irrevocable Transferable SBLCMT760 And Or DLCMT700, from the top 50
Prime Banks

To Proceed Kindly, Send Us as Follows:

1. An LOI+KYC/CIS from End Buyer.
2. And Or ICPO+POF+End Buyer Company Registration Certificate Passport.
3. Upon Acceptance, An FCO With Technical Details Shall be Tendered from Seller.
4. Draft SPA Negotiated And Endorsed for Engagement.