in Iron Ore Deposits
Capital intensive industry that requires significant investment in infrastructure.
Because iron ore is the key ingredient of steel, and nearly 95% of the metal used every year around the world is steel – iron is the most frequently used metal in the world. The African countries in which iron ore production for export and local use is most prevalent are South Africa, Algeria and Mauritania.
Morocco and Zimbabwe also produce ore, but only for local use. Many African countries have vast iron ore deposits that are not yet mined and in communities where they are mined the market is fully monopolized.
Iron ore is the main ingredient in steel which is mainly used in structural engineering, manufacturing of cars and ships and general machinery. Steel is also used in the safety industry for personal vests and vehicle armor. Most of the worlds largest infrastructural projects such as; stadiums, skyscrapers, airports and bridges are supported by a steel frame. Even the bolts, screws and nails that keep the structures together are fabricated with steel.
At Mitalgic Global Limited, we understand that the limitations to iron ore mining are not in the grade of the ore, but rather the costs associated with mining the ore and transporting it.
We understand that its a capital intensive industry that requires significant investment in infrastructure. We these in mind, we facilitate high impact investment in African communities with unmined iron ore deposits to meet the growing international consumption of iron ore, and the main consumers are Japan, China, Korea, the European Union and the United States.
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The cornerstones of our organizational sustainability.
As a responsible investment partnerr in Africa, Mitalgic Global Limited maintains a continual focus on governance aspects in our investment decision-making and active stewardship of assets. Let’s get started
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Particular focus on our priorities to climate change and business integrity.
Accelerating the drive for sustainable economic progress.
Mitalgic Global Limited works with the investment objective achieve significant return on investment through innovative investments in high value impact infrastructural and developmental projects and related opportunities across a range of countries Africa.