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Sino Vantage Group Inc
Sino Vantage Group Inc., a San Francisco-based international firm. It operated originally as an exporter, specializing in selling metal products, minerals, and chemicals. Sino has specialized in supplying key raw materials to the China steel industry. During the two decades of its existence, it has assembled a strong network of suppliers and end consumers with stead growth in revenue and profitability.
Sino Vantage Group’s vision is to build a global diversified resources company specializing in coal, iron, manganese and copper. The company’s culture of entrepreneurial spirit, trust, hard work and pursuit of excellence is the foundation for its long term success.
Services
Sourcing
We have built a strong network of suppliers throughout the world who can meet your material needs. We work closely with our customers to find the right material at the right price. Provide our Sourcing Team with your requirements or let us work with you to determine the best material available for your application.
Marketing
Our Marketing Team can help you identify customers for your commodities and help you maximize the return on your investment. We have an extensive network of customers and our product specialists can help you present your materials and work with you to increase the size of the market on a global scale.
Logistics
Our Logistics Team has developed a network of logistics service providers and can manage the flow of materials from origin to destination all over the world. We develop innovative approaches that balance the need for cost and timing, ensuring an effective and responsive supply chain for your material
Financing
Innovative approaches to financing that leverage our banking relationships and strong financial backing can effectively simplify the payment process for international transactions. Our Finance Team can help you structure the deal to reduce the cash realization cycle.
Iron Ore
About 98% of iron ore is used to make steel - one of the greatest inventions and most useful materials ever created. While the other uses for iron ore and iron are only a very small amount of the consumption, they provide excellent examples of the ingenuity and the multitude of uses that man can create from our natural resources. Powdered iron: used in metallurgy products, magnets, high-frequency cores, auto parts, catalyst. Radioactive iron: in medicine, tracer element in biochemical and metallurgical research. Iron blue: in paints, printing inks, plastics, cosmetics, artist colors, laundry blue, paper dyeing, fertilizer ingredient, baked enamel finishes for autos and appliances, industrial finishes. Black iron oxide: as pigment, in polishing compounds, metallurgy, medicine, magnetic inks, in ferrites for electronics industry. Major producers of iron ore include Australia, Brazil, China, Russia, and India.
In China, demand for iron ore will rise by as much as 55 million metric tonne, or up to 7%, in each of the next three to four years as Chinese steel output grows, a Goldman Sachs analyst said on Wednesday.
Chinese imports of iron-ore, the main ingredient in steel, will rise to 565 million metric tonne in 2010 from 386 million now. China, the world's largest steelmaker, is expected to buy 57% of the world's seaborne iron-ore exports in 2010, compared with about 50% now.
Chromite is the most important ore of chromium from which it derives its name. Chromium is an important metal and has a wide range of industrial uses.
Chrome ore
Chromite forms in deep ultra-mafic magmas and is one of the first minerals to crystallize. It is because of this fact that chromite is found in some concentrated ore bodies. While the magma is slowly cooling inside the Earth's crust, chromite crsytals are forming and because of their density, fall to the bottom and are concentrated there.
Although its primary origin is ultra-mafic rocks such as peridotites, chromite is also found in metamorphic rocks such as serpentites. Chromite, as is indicated by its early crystallization is resistant to the altering affects of high temperatures and pressures. Thus it is capable of going through the metamorphic processes unscathed, while other minerals around it are being altered to serpentine, biotite and garnets. This characteristic also explains chromites use as a refractory component in the bricks and linings of blast furnaces.
Manganese ore
Among a variety of other uses, manganese is a key component of low-cost stainless steel formulations. Small amounts of manganese improve the workability of steel at high temperatures, because it forms a high melting sulfide and therefore prevents the formation of a liquid iron sulfide at the grain boundaries. If the manganese content reaches 4% the embrittlement of the steel becomes a dominant feature. The embrittlement decreases at higher manganese concentrations and reaches an acceptable level at 8%. The fact that steel containing 8 to 15% of manganese is cold hardening and can obtain a high tensile strength of up to 863 MPa, steel with 12% manganese was used for the British steel helmets.
In steelmaking, manganese is usually added in the form of a ferroalloy. This includes three grades of ferromanganese (FeMn) - one standard (high-carbon - HC) grade containing 65-79% Mn and 7% carbon, and two refined grades with medium-carbon (MC) and low-carbon (LC) - and silicomanganese (SiMn), which contains 60-77% Mn and around 2% carbon. Cost, the type of steel being made and the process being used usually determine which ferroalloy is used.
Over the next six years the pricing prospects for medium to high grade manganese oxide ores should remain very favourable for providers. There are a number of factors that will support continued high prices over this period and these include:
Teadily increasing consumption of steel in the developing world that is driven by population numbers is somewhat resistant to economic downturn.
The market for stainless steels are about to be increasing faster than steel, hence increasing the demand for manganese ores.
The new ore sources that are being developed and brought on gradually are not of a size that will fully satisfy demand and are at a much higher production cost thus placing a floor to some extent under future price declines.
The grade profile of ores available is shifting downwards, requiring more blending and thus higher premiums for higher grade ores.
Looking further ahead, we would expect to see a continuation of these trends, albeit with the short term fluctuations that are inevitable, and a move towards processes that can efficiently extract manganese out of the lower grades of manganese ore that are more abundant.
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