Kineta International FZC (KIFZC) previously named as Mars Resources FZC incorporated in Hamriyah Freezone, Sharjah is engaged in export and import of various minerals and metals. Company has commenced operations from October 2007. The promoters of Kineta Group have established good relations with Global reputed public sector steel mills/ trade divisions like China National Minerals, Sino Steel Corporation, Jindal Steel and Power Ltd, Steel Authority of India Ltd, MMTC Ltd, Sesagoa Ltd, Kalyani steels ltd, over a period of decade and became one of their trusted supplier. KIFZC has entered into an exclusive offtake agreement with Shiloh Manganese S.A, for long term and entire offtake of Manganese ore from their Mines at Ivory Coast which has reserves of 5.00 Mn MT. KIFZC has posted a turnover of USD 61.60 Mn in the year 2018-19 with a total quantity of 0.34 MTs in 10 shipments. As part of diversification of merchandise, the company has made a study and trade of various other minerals like manganese ore, bauxite, coking coal, iron ore pellets, calcined alumina, granite etc and also agricultural commodities like rice, chilly etc and the findings are encouraging. With the established network and recent experience of Manganese ore and Chrome ore trade, the company is exploring the trade of Ferro Alloys i.e Ferro Manganese, Ferro Chrome , Ferro Silicon and Silico Manganese etc. With the Supplier and logistics base we have developed in the past 15 years and the efforts the company has invested so far in developing the business, the company is planning to trade in the mentioned minerals, metals and agricultural commodities. Promoters are keen to participate in the Calcined Alumina ( Aluminium Oxide) tender of NALCO for export to Gulf and Asian countries
Glimpses of Manganese Operations:Manganese is essential to iron and steel production by virtue of its sulfur-fixing, deoxidizing, and alloying properties. Global manganese mining market is anticipated to grow at a CAGR of 3.6% over the forecast period. Rapid industrial development in the growing economies is expected to drive the growth of global manganese mining market during the forecast period. Manganese is used for the manufacturing of steels. Further, increasing consumption of steel is expected to spur the growth of global manganese mining market. Geographically, Asia-Pacific accounted for largest market in the terms of market size of overall manganese mining market. Further, it is estimated to continue its dominance over the forecast period due to the rising demand for steel from automotive. Growing infrastructure development activities is expected to supplement the growth of manganese market in Asia Pacific region. China and India are witnessing the augmented demand for steel which is further likely to impel the growth of Asia Pacific manganese mining market during the forecast period. The company has geared up to perform three shipments in each two months by leveraging on the offtake arrangement along with established customer network. Salient features of Manganese ore of Shiloh Mine.
Mining operations started from July 2017 with state of art machineries. Presently Shiloh is producing 100,000 MTs per month (-80 to +8 material) and the company is in fast phase to achieve monthly production of 200,000 MT in couple of months.
Kineta Group has made a total of more than 75 Shipments with a total tonnage of approximately 3.6 Millions. We have been chosen as trusted trading partner by many of the renowned/leading Chinese Customers /Steel Mills Owners. Kineta maintains a very good relationship with all its Indian Mine Owners/Traders and well oiled mechanism with logistics providers.
"Kineta India Positioned as One of the Top – Fifteen Iron Ore Exporters from India"
"KIPL widening its network by establishing business relationship with Brazilian & Australian companies for Import & Export of Iron Ore & Coal."