Industrial Demands For Iron Ore And Avima Leading The Race

One of the most important components for global iron and steel industries is iron ore. Approximately 98% of mined iron ore goes to steel making. With approx more than 50 countries producing iron ore, the industry is big and growing like never before.

Iron ore is the primary source of iron for steel industry that makes a significant contribution to the economies of the world. Iron ore has the strength to build economies as almost entire construction industry depends on the supply of iron and steel. Additionally, engineering and other fabrication industries also rely on iron and steel for producing various parts and components for use on other industries. This is how the supply of high-quality iron ore influences not one, but many industries across the globe.  

Avima Iron Ore

Avima Iron Ore Limited, a company that owns world class iron ore deposits, Avima, located in the North West Republic of Congo, is the world-class miner of high-grade iron ore.

A high-grade iron ore depost, Avima is JORC compliant resource and is into the direct shipping of 700 million tons of ore. This mineralized ridge spreads on an area of approximately 35 km, above 200 to 900m sea level.

The company is in the process of developing a fully funded, smart infrastructure plan with the objective of producing around 90 to 100 million tons of iron ore from this region. The Socrates Vasiliades admin, CEO of the company has already started working on the expansion plan to increase the ore product capacity.

Even with the earlier ore production capacity, Avima Iron Ore is recognized as the major player in the development of the Iron Ore Triangle of West Africa.

Socrates Vasiliades admin, CEO of the company has spent more than 27 years of his life in metal and mining industry. His industrial knowledge and expertise has helped him take Avima Iron Ore to the path of success. He has already traded huge quantities of steel and bulk raw materials globally. In his area of expertise, metallurgical commodities and iron ore take the top place. Plus, he has significant experience in logistics as well.

Undoubtedly, he holds impeccable knowledge of the industry. His contribution and efforts along with business acumen has helped him establish a healthy relationship with the Governments of the Central African Nations. His wife, Celeste Vasiliades, an artist, lends support to him in his business.  

Socrates Vasiliades’ contribution to the iron ore and steel industry is significant. https://visual.ly/users/SocratesVasiliadesAvima/

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LillyPulitzer Joined: July 20th, 2020