Zinc Ore

Description: Zinc is also known as spelter, is a metallic chemical element; it has the symbol Zn and atomic number 30. It is the first element in group 12 of the periodic table. Zinc is, in some respects, chemically similar to magnesium, because its ion is of similar size and its only common oxidation state is +2. Zinc is the 24th most abundant element in the Earth's crust and has five stable isotopes. The most exploited zinc ore is sphalerite, a zinc sulfide.

Our Locations: An estimated 10 million tonnes of lead/zinc veins are spread over eight states of Nigeria. Proven reserves in three prospects in the east-central area are 5 million tonnes. Our Major Lead/Zinc deposit Mine are located in the follow states in Nigeria viz; Nasarawa, Taraba, Plateau, Ebonyi, Bauchi and Cross River.

Specifications: This varies from one buyer to the other. However generally most our buyers prefer the specifications stated in the table below. The lead content could vary from one buyer to the other, but generally for most our buyers, the other constituent should not be more than the stated percentage.

Components        Content

Zn-                          35-60%

As-                          <0.5%

F-                            < 0.10%

Cd-                         < 0.05%

Pb -                         <6%

Hg-                         <0.01%

Moisture-               5%max

Size-                       0-50mm

Our Export market: Our market for Zinc ore especially the overseas market in China is large, expanding and sustainable because of the numerous uses of ore. Buyers usually would like to secure steady source of supply of these products. Other market includes India, Thailand and some European countries like Germany, Spain and Belgium.

Our Export Price: Depending on the percentage purity of the Zinc ore and the prevailing London metal exchange (lme.com) price, our FOB price of Zinc ore could vary from US400-USD600/MT.

Our Local price: Depending on the percentage purity and of the Zinc,our local market price at the loading point could vary from NGN30,000-NGN50,000/MT Ex-Lagos.