Zamin Ferrous is an international group with offices in Sao Paulo (Brazil), Montevideo (Uruguay) and Dubai (UAE), and representitive offices in London (UK) and Zug (Switzerland). Zamin has a strong portfolio of iron ore projects located in Latin America. The Company's strategy is to become a leading supplier of direct reduction and blast furnace iron ore pellet fines to the global steel industry.
Zamin has a seven-year history in mining and has four key production, development and exploration assets - Valentines (Uruguay) and Greystone, Zamapa and Susa (Brazil) - with just under 2.9 billion tonnes of JORC compliant resources and over 5 billion tonnes of potential resources. Zamin's 50% stake in the Bamin project - a 50:50 JV with ENRC - was sold to ENRC in September 2010 for US$735 million.
Zamin Ferrous was founded by Mr. Pramod Agarwal, who has over thirty years' experience in the global commodities business. The Company was founded as a direct consequence of the lack of available iron products to be sourced by steel companies or traders in one of the richest iron hosting regions on earth. With long term relationships with Chinese, Indian and Russian steel companies Zamin has identified and developed resources in highly prospective areas in South America that have previously received little inward investment.
At the heart of Zamin's Strategy is its proven ability to partner with regional and national governments to develop assets and clearly defined infrastructure and logistics solutions.