Profitable Iron Ore Mining Company Seeking Loan in Copiapó, Chile
High-grade iron ore deposit, supported by cutting-edge geophysical data and poised for significant growth.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.4 million |
| Run Rate Sales | USD 2.4 million |
| EBITDA Margin | 35 % |
| Industries | Iron Ore Mining |
| Locations | Copiapó |
| Local Time | 8:19 PM America / Santiago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
8 million
for
9.0%
annual interest,
2
years
(Native Currency: USD 8,000,000)
Reason: Seeking funding for overall business expansion including mining capacity, sales & marketing channels...
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Collateral Available: USD 10 million
Includes physical assets worth
USD
75 million
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Business Overview
- Company specifically focus on high-grade iron ore deposits in Copiapó, Chile.
- The business currently has a significant domestic market share, selling iron ore lumps and concentrate within Chile.
- The company has conducted over 6,000 meters of drilling and possesses an estimated 800 million tons of iron ore at a 35% cut-off grade. The iron ore concentrate boasts a high grade of 66% Fe and is processed using advanced dry processing techniques.
- Has a mining capacity of 20,000 tons per month and is currently supplying to 1 client based in Chile, which is also the largest iron ore developer in the area.
- The business has secured all necessary mining permits in Chile and has established a regular supply frequency, providing monthly deliveries to its client.
- The business currently has a significant domestic market share, selling iron ore lumps and concentrate within Chile.
- The company has conducted over 6,000 meters of drilling and possesses an estimated 800 million tons of iron ore at a 35% cut-off grade. The iron ore concentrate boasts a high grade of 66% Fe and is processed using advanced dry processing techniques.
- Has a mining capacity of 20,000 tons per month and is currently supplying to 1 client based in Chile, which is also the largest iron ore developer in the area.
- The business has secured all necessary mining permits in Chile and has established a regular supply frequency, providing monthly deliveries to its client.
Products & Services Overview
Domestic sales of iron ore lumps and concentrate.Supplying to 1 Chilean client who is the largest iron ore producer.
Assets Overview
Physical assets include:- Land owned for mining: USD 70 million.
- Machinery & equipment: USD 5 million.
Facilities Overview
2,000 TPD crushing and magnetic separation plant and 5,000 hectares mining site, located in Copiapó.
Capitalization Overview
Funded directly by shareholders with no debt or outstanding loans.Company is made up of 3 shareholders with nearly equal shares.
Recent Activity
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Earlier than 15 daysDirector, Mining And Exploration, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Consulting, Toronto, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
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1 Investor contacted this Business this month.
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