MINCO Strengthens Position in global commodity trading sector

Nov 12, 2024

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MINCO, ENCO's specialized commodities trading subsidiary, has recently signed a contract for the procurement and sale of 30,000 tons of iron ore, The following are the quality data.

Chemical composition/dry basis

Content

Fe

61.41%

SIO2

3.76%

AL2O3

2.43%

P

0.096%

S

0.019%

Moisture

9.750%

Iron ore trading

Iron ore transportation

ENCO Iron ore traing

Iron ore stacking

Sourced from Australia and sold to a major steel manufacturer in Hebei. MINCO has established a solid reputation in the industry for reliability and excellence. Given China's substantial steel production, with an annual output of 1 billion tons, MINCO is leveraging the growing demand in the world's largest iron ore market. Alongside iron ore, MINCO is expanding its portfolio to include key commodities like lithium carbonate and alumina, demonstrating a commitment to growth and global partnerships. We welcome future collaborations with partners who share an interest in commodities trading for mutual success.