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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.
| HS Code | 2601.11 |
| Brand | EximNext |
| Material | Magnetite Iron Ore Fe3O4 |
| Grade/Type | Premium / Standard Grade Magnetite |
| Purity/Composition | Fe 60% - 72% (typical 62% - 68% Fe); Fe3O4 magnetic concentrate |
| Size/Dimensions | Lumps: 10-50mm; Fines: -6mm; Concentrate: 75-90% passing 325 mesh |
| Standard | ISO 10836, ASTM E877, GB/T 10322 (referencing relevant national/international standards) |
| Application | Blast furnace ironmaking, direct reduction iron (DRI), pelletizing, sinter feed, steel manufacturing |
| Packaging | Bulk cargo (vessel), jumbo bags (1-2 MT), 25-50 kg bags; containerized for smaller volumes |
| Origin | Australia, Brazil, South Africa, Canada, Sweden (major producing regions) |
Premium magnetite iron ore (Fe3O4) is a naturally magnetic high-grade iron ore widely sourced from banded iron formations and supplied as lumps or fines for steelmaking and pelletizing operations. With iron content typically ranging from 60% to 72% Fe, magnetite commands strong demand in blast furnace and direct reduction iron (DRI) applications. Major exporters supply containerized or bulk cargo from Australia, Brazil, and South Africa to steel producers globally, with pricing benchmarked against the 62% Fe CFR China index.
| Business Type | Supplier |
| Year Established | Recently Joined |
| Employees | Contact Supplier |
| Annual Revenue | Contact Supplier |
| Main Products | View Products Tab |
| Major Markets | Global |
| Response Time | <4h |
| Response Rate | New Supplier |
Magnetite Iron Ore is offered by Aayansh Trading Fze, a Supplier based in United Arab Emirates. This supplier provides wholesale quantities suitable for bulk importers, distributors, and businesses worldwide. Contact the supplier to request pricing, discuss trade terms, and arrange shipping to your destination.
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When sourcing Magnetite Iron Ore for your business, securing the right balance of quality and cost is essential. Aayansh Trading Fze, a verified supplier based in United Arab Emirates, offers this product with key specifications including Premium / Standard Grade Magnetite, Fe 60% - 72% (typical 62% - 68% Fe); Fe3O4 magnetic concentrate, and Lumps: 10-50mm; Fines: -6mm; Concentrate: 75-90% passing 325 mesh. By purchasing directly from the manufacturer or authorized exporter, buyers can negotiate favorable FOB prices starting at $95145./Unit and manage bulk orders with a minimum order quantity (MOQ) of 1 Unit. This product is actively traded under HS Code 2601.11, making it a staple in the Magnetite Iron Ore sector with strong demand from importing countries worldwide.
Importing Magnetite Iron Ore requires careful attention to shipping logistics, customs compliance, and secure payment terms. Aayansh Trading Fze offers flexible shipping options such as Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. To ensure a smooth transaction, buyers should verify import duties for HS Code 2601.11 in their destination country. Common payment methods for international B2B transactions include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P). All transactions and RFQs are facilitated through EximNext, a leading B2B marketplace designed to make cross-border trade secure and efficient.
Finding trustworthy partners is the foundation of successful importing. The supplier of this Magnetite Iron Ore has been verified on our platform. Whether you are a distributor, wholesaler, or procurement manager, you can request a free quotation, ask for product samples, and finalize your bulk purchase with confidence. EximNext hosts thousands of verified manufacturers and exporters across 200+ countries. Explore similar products in the Magnetite Iron Ore category and connect with top-tier exporters on our comprehensive global B2B marketplace. Start your sourcing journey today.
Importing Magnetite Iron Ore requires careful attention to shipping logistics, customs compliance, and secure payment terms. Common shipping options include Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. Buyers should verify import duties for HS Code 2601.11 in their destination country. Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P).
The current listed wholesale price for Magnetite Iron Ore from Aayansh Trading Fze is $95145./Unit on FOB terms from United Arab Emirates. Prices may vary depending on order volume, packaging, and destination. For the most accurate bulk quote, send a direct RFQ to Aayansh Trading Fze through EximNext.
The supplier, Aayansh Trading Fze, has set a Minimum Order Quantity (MOQ) of 1 Unit for Magnetite Iron Ore. For sample requests or smaller trial orders, contact the supplier directly through our platform's inquiry system.
For international shipping and customs clearance, Magnetite Iron Ore is classified under HS Code 2601.11. Buyers should verify their local customs regulations to determine applicable import duties and taxes for this classification.
To import Magnetite Iron Ore from United Arab Emirates, negotiate shipping terms (FOB, CIF, or EXW) directly with Aayansh Trading Fze. Ensure you have the necessary import licenses for Magnetite Iron Ore products in your destination country.
Yes, Aayansh Trading Fze is a verified supplier on EximNext. You can view their complete company profile, business registration details, certifications, and export history before placing a bulk order.
The key specifications for Magnetite Iron Ore supplied by Aayansh Trading Fze include Premium / Standard Grade Magnetite, Fe 60% - 72% (typical 62% - 68% Fe); Fe3O4 magnetic concentrate, and Lumps: 10-50mm; Fines: -6mm; Concentrate: 75-90% passing 325 mesh. For a complete technical data sheet or Certificate of Analysis (COA), send an inquiry directly to the supplier through EximNext.
Aayansh Trading Fze offers Magnetite Iron Ore with standard export packaging. Custom packaging, private labeling, and OEM/ODM options may also be available for large wholesale orders.
Magnetite Iron Ore is actively imported by buyers worldwide. Request a destination-specific CIF or CFR quote from Aayansh Trading Fze through our platform.
Aayansh Trading Fze maintains international quality certifications. These ensure that the Magnetite Iron Ore meets international quality, safety, and regulatory standards required for cross-border trade.
Click "Request Quotation" on this product page, specify your required quantity, preferred shipping terms, and destination country. Aayansh Trading Fze will respond with a detailed wholesale quote including FOB pricing, lead time, and payment options.
Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), Documents against Payment (D/P), and Escrow services. Confirm accepted terms directly with Aayansh Trading Fze.
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