What is Magnese? Magnese is a chemical element found in minerals in combination with iron. The symbol for manganese is Mn and the atomic number is 25. It is a metal with important industrial metal alloy uses, particularly in stainless steels. Manganese resembles iron and is a silvery-grey metal. It is hard and very brittle, difficult to fuse, but easy to oxidize. South Africa produces about 80% of the known world manganese resources with an estimate of 15 billion tons. Other countries with manganese deposits are in Ukraine, Australia, India, China, Gabon and Brazil. In 1978, it was estimated that the ocean floor has 500 billion tons of manganese nodules.

Our trade process spreads across CIF, FOB, TTO, and TTT, depending on the buyer’s preference. Here’s what they entail: 1). Cost Insurance and Freight (CIF): Here, the seller will handle everything from loading the vessel, paying for insurance, and sending the product to wherever the buyer wants it delivered. 2). Freight On Board (FOB): Here, the seller pays for the transportation of the goods to the port of shipment, plus loading costs, while the buyer pays the cost of marine freight transport, insurance, unloading, and transportation from the originating port to the final destination. 3). Tanker Take Over (TTO): Here, the buyer will take over the vessel, offload the product at their destination, and return it. 4). Tanker To Tanker (TTT): Here, the buyer uses their own vessel, long sides with the seller’s vessel, and then the cargo is transshipped when the transaction is fully settled.