Products

TNG Limited

Iron Oxide – Fe2O3

Overview

  • High purity hematite is used for steel production
  • Significant and fast growing demand in neighbouring Malaysia and Indonesia

TNG PRODUCTION AND OFFTAKE

  • TNG production of 500,000 tpa iron ore fines
  • 0.03% of iron ore global demand
  • Fe content over 64.4%, strong premium over the benchmark 62% grade
  • Malaysia and Indonesia easily absorb TNG’s production
  • Reduce logistical costs
  • Binding Term Sheet with Vimson Group for up to 100% of TNG’s expected iron ore products

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