Iron Ore

Committed to delivering high-quality brokerage solutions for iron ore operations.
Location
Multinational
Start Date
2017
Category
Mineral Ore
Service
Brokerage (Official Mandate)
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Iron Ore

Title:

Description:

Iron Ore

Iron ore, a cornerstone mineral in global industrial trade, consists primarily of iron oxides with variable amounts of other elements like silica, alumina, and phosphorus. Sought after for its metallurgical properties, it serves as a fundamental raw material in the steel industry and finds use in manufacturing alloys, pigments, and animal feed supplements.

The iron itself is usually found in the form of magnetite (Fe3O4), hematite (Fe2O3), goethite (FeO(OH)), limonite (FeO(OH)·n(H2O)) or siderite (FeCO3). The geological significance of iron ore is underscored by its formation through various processes, including sedimentation, weathering, and metamorphism.



IRON TRADE

Our Journey


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Our Iron Ore Journey

Since 2017, our firm has specialized in facilitating iron ore trade for our multinational clientele. However, since 2013, we have specialized in mineral commodities trade, operating across territories including North and South America, the European Union, the Middle East, Africa, and Asia.

At The Solomon Brokerage Firm, we proudly serve as the official mandates and authorized commercial representative of our partner in Mexico – Escoprión 10 Mining Group since 2023. With a steadfast commitment to excellence, we offer a distinguished selection of iron, manganese, dolomite, and copper ore directly from Mexico’s top natural reserves.

As a reputable brokerage firm, we prioritize clients seeking high-quality, high-volume, long-term operations. We are honored to maintain enduring business relationships built on trust, respect, and loyalty.




IRON ORE

Our Offer

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Our Offer

(Magnetite: Iron Oxide  Fe3O4 )

Product Origin: Mexico

Incoterms: FOB, Port of Lázaro Cárdenas / Manzanillo (CIF on request)

Trial Order: 50,000 Mt minimum

Capacity: 50,000 Mt to 500,000 Mt per month

Contract Length: 12 months

Delivery: 35-45 days

Quality: Fe 62% – 69.9%

Packaging: Bulk

Granulometry: Lumps to fines

Payment Terms: SBLC/DLC – 100% after BL

Inspection: SGS/Intertek at port

Specifications:

(Fe 62% – CoA 2023)

Elements % in weight
Fe (Total) 62
FeO 16.42
SiO2 4.08
Al2O3 0.22
P 0.03
S (Total) 0.08
Mn 0.0
TiO2 0.0
K2O 0.0
CaO 1.42
MgO 0.0
Zn 55 PPM
C (Total) 0.02
Pb 0.01
LOI -1.65

Moisture: Free moisture loss at 105°C / 8%


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Location
Multinational
Start Date
2017
Category
Mineral Ore
Service
Brokerage (Official Mandate)
Project
Iron Ore Trade
Business Type
Export/Import
Operation Status
Active
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