For those who haven’t done business with us in the past, Blackhawk Partners is a reliable trader and supplier of a wide range of commodities to industrial and financial consumers globally.
The Firm’s customers around the world rely upon us as a source of Metals and Minerals and Crude Oil and Oil Products.
One of the major commodities we have been extensively trading for some time now – in the physical market – is Iron Ore.
For the rookies in the business who want to enter this highly lucrative market, 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 color from dark grey, bright yellow, deep purple, to rusty red.
Ores carrying very high quantities of hematite or magnetite (greater than ~60% iron) are known as “natural ore” or “direct shipping ore”, meaning they can be fed directly into iron-making blast furnaces. Most reserves of such ore have now been depleted.