Operating of Tin Ore Processing and Buying Centre for export purpose
Current Status
we are currently in production and selling processed Tin from our processing mill.
Market
The global tin mine production is currently estimated at about 300,000 tons of tin per annum
Sn/year, with Indonesia and China dominating, and Myanmar on a par with these two
countries for a few years. The global cumulative historic tin production can be estimated to
be about 27 Mt Sn. In 2015, the world’s total estimated mine production of tin was 289,000
metric tons of contained tin. Total world reserves at the end of 2016 were estimated to be
4,700,000 metric tons. China held about 24 per cent of the world’s tin reserves and accounted
for 38 per cent of the world’s 2015 production of tin
Problem or Opportunity
Our siting of the Processing and buying Centre has solved the problem of local miners traveling far distance to process and sell their material which is saving time and extra cost.
Competitors
1. Malco Mines Ltd.
2. Eta-Zuma Group
3. Kinsfield Energy Limited
4. Agropet Nigeria Ltd
Advantages or differentiators
As a standard and licensed mineral development and exploration company, we know that
gaining a competitive edge requires detailed analysis of the demographics of the surrounding
area and the nature of existing competitors.
A competitive advantage that we have is the vast experience of our management team, we
have people on board who understand how to grow business from the scratch to becoming
a national phenomenon.
Also, our large outreach and support to the local and small mining companies in terms of incentives through corporative society and small group.
Finance
The projected revenue forecast is based on the international selling price of per tonnage of
Tin which is estimated at 41,000 USD and our monthly estimated tons of tins which the company is getting at an average rate of 23,000 USD Per tonnage and will be able to export, which is 40 tons.
Loan terms
36 months
Interest rate, %
8
Business model
With existing processing and separation Centre, we have competitive advantage by buying from the miners who are corporate and individual at cheap market price.
Sell to the major buyers which are the major exporters to take advantage of the margin and then return to buy for quick turn over.
With these, we will have wider profit margin if we are exporting directly to Asia and Europe.
We also have the rare privilege of getting other by products that most of the miners consider gangue for free.
We always have the products in export quantity available from the miners.
Solution (product or service)
We are processing and separating Tin Ore into different components like Tin, Columbite, Iron, tantalite, Zircon sand etc and then buying from the miners in the process. We sell to the Big buyers which are the major exporters to Asia and Europe.
General Economic and Political Risks
Changes in the general economic and political climate in the jurisdictions in which Market
Hawk International Ltd. and its assets are located, or on a global basis that could impact on
economic growth, the tin price, interest rates, the rate of inflation, taxation and tariff laws,
domestic security which may affect the value and viability of any mining activity that may be
conducted by the company.
Title Risk
All licenses are subject to compliance with certain requirements, including but not limited
to meeting the minimum exploration work commitments, lodgement of reports, payment of
royalties and compliance with environmental conditions and environmental legislation.
Consequently, the company could lose title to or its interest in any of the licenses to any of
its assets if these requirements are not met.
Risks of Foreign Operations
Through its operations in foreign jurisdictions, the company may become subject to economic
and political risks, such as: the renegotiation, cancellation or forced modification of existing
contracts and product sharing agreements; expropriation or nationalization of property; changes
in laws or policies or increasing legal and regulatory requirements, including those relating to
tax, royalties, imports, exports, duties, currency or other claims by government entities