Iron Ore
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, deep purple, to rusty red.
The iron itself is usually found in the form of magnetite (Fe3O4), hematite (Fe2O3), goethite, limonite or siderite. Hematite is also known as "natural ore". The name refers to the early years of mining, when certain hematite ores contained 66% iron and could be fed directly into iron making blast furnaces.
Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel. Ninety-eight percent of the mined iron ore is used to make steel.
Whereas the chromite ore is found in the northern Philippines, the Iron Ore is located further south and our mine is rich in Magnetite, located in Daet, Camarines Norte, with an estimated reserve of 100 million metric tons of high-grade iron ore. The SGS analysis is Iron content (Fe) 62.6%.
Copy of the SGS (Society Generale De Surveillance SA Switzerland, Philippines, INC.) and the standard contract for high-grade Iron Ore can be obtained through Deli-Deli Enterprises contact email address:
michellemines@deli-delienterprises.com