Lead Ore Business Opportunity
Content
COURTESY OF WWW.SMALLBUSINESS.COM.NG
DISCOVER THE LEAD ORE MONEYMAKING BUSINESS OPPORTUNITY If you think the idea of running your own business is your forte then this opportunity opportunity is interesting. You will discover how to make good money in lead ore business at your own convenience If you are positively disposed to the foregoing then, the Lead ore business may be your answer. You dont need a previous experience in this field but you should have a knack for organizing things. It also requires a little investment and offers the chance of working with experienced miners and exporters. Lead is a main-group element with symbol Pb with atomic number of 82. It has a bluish white color when freshly cut but it tarnishes to a dull grayish color when exposed to air to produce the commonly observed dull luster normally associated with lead. It has a shiny chrome-silver luster when melted into a liquid. It is a dense, ductile, very soft metal that has poor electrical conductivity. It is highly resistant to corrosion, and because of this property is used as a container for corrosive liquids. Its used in building construction, construction, lead-acid batteries, bullets and shots, weights, solders, fusible alloy and radiation shield, high voltage power cables and projectiles for fishing sinkers. Lead ore deposits can be found in Nasarawa, Taraba, Plateau, Abia, Ebonyi and Bauchi Bauchi and in Abuja all in Nigeria. The market for lead ore especially the overseas market in China is large, expanding and sustainable because of the numerous uses of ore. Buyers usually would like to secure steady source of supply of these products. products. Other markets include India, and European European countries like Germany, Spain and Belgium. Depending on the percentage purity of the lead ore and an d the prevailing London metal exchange (lme.com) price, the FOB price of lead ore could vary from $600 $900/MT. Also depending on the percentage purity, purity, the local market price at the loading point could vary from N40, 000 N70, 000/MT How to Secure a Lead Contract and make Millions of Naira You can secure a lead contract on your own and make money. All you should do as an exporter is to secure these contracts contracts via the internet using various trade portals. Most paid version portals give you the opportunity to chat with some of the foreign buyers. However, for you to secure a genuine contract, you must bell acquainted with the fundamental procedure and rudiments of export contract.
Explore the reforms put in place by the Government. Government.
Explore options in the Value chain opportunity. Beyond the export business, you can bridge the gap and become a Local Buying Agent, Commodity Merchant Merchant or Commodity sales Agent. As a Local Buying Agent (LBA) you will have to go into the interior areas and villages to buy lead from core local miners and sellers. Expect a turnover of less than N2.5 million.
As a Commodity Merchant, you buy commodities from the various LBAs and stock them in a warehouse. You can now process process and sell to exporters and local industries. industries. As a Commodity Sales Agent, you purchase the commodity from the merchants and sometimes LBAs but you typically depend on the exporters mobilize to you with an advance payment in order to operate successfully. An agreement to deliver the commodity to the exporters domain is usually signed.
You can discover more business ideas at smallbusiness.com.ng. smallbusiness.com.ng. Note this business is a practical business.
DISCOVER THE LEAD ORE MONEYMAKING BUSINESS OPPORTUNITY If you think the idea of running your own business is your forte then this opportunity opportunity is interesting. You will discover how to make good money in lead ore business at your own convenience If you are positively disposed to the foregoing then, the Lead ore business may be your answer. You dont need a previous experience in this field but you should have a knack for organizing things. It also requires a little investment and offers the chance of working with experienced miners and exporters. Lead is a main-group element with symbol Pb with atomic number of 82. It has a bluish white color when freshly cut but it tarnishes to a dull grayish color when exposed to air to produce the commonly observed dull luster normally associated with lead. It has a shiny chrome-silver luster when melted into a liquid. It is a dense, ductile, very soft metal that has poor electrical conductivity. It is highly resistant to corrosion, and because of this property is used as a container for corrosive liquids. Its used in building construction, construction, lead-acid batteries, bullets and shots, weights, solders, fusible alloy and radiation shield, high voltage power cables and projectiles for fishing sinkers. Lead ore deposits can be found in Nasarawa, Taraba, Plateau, Abia, Ebonyi and Bauchi Bauchi and in Abuja all in Nigeria. The market for lead ore especially the overseas market in China is large, expanding and sustainable because of the numerous uses of ore. Buyers usually would like to secure steady source of supply of these products. products. Other markets include India, and European European countries like Germany, Spain and Belgium. Depending on the percentage purity of the lead ore and an d the prevailing London metal exchange (lme.com) price, the FOB price of lead ore could vary from $600 $900/MT. Also depending on the percentage purity, purity, the local market price at the loading point could vary from N40, 000 N70, 000/MT How to Secure a Lead Contract and make Millions of Naira You can secure a lead contract on your own and make money. All you should do as an exporter is to secure these contracts contracts via the internet using various trade portals. Most paid version portals give you the opportunity to chat with some of the foreign buyers. However, for you to secure a genuine contract, you must bell acquainted with the fundamental procedure and rudiments of export contract.
Explore the reforms put in place by the Government. Government.
Explore options in the Value chain opportunity. Beyond the export business, you can bridge the gap and become a Local Buying Agent, Commodity Merchant Merchant or Commodity sales Agent. As a Local Buying Agent (LBA) you will have to go into the interior areas and villages to buy lead from core local miners and sellers. Expect a turnover of less than N2.5 million.
As a Commodity Merchant, you buy commodities from the various LBAs and stock them in a warehouse. You can now process process and sell to exporters and local industries. industries. As a Commodity Sales Agent, you purchase the commodity from the merchants and sometimes LBAs but you typically depend on the exporters mobilize to you with an advance payment in order to operate successfully. An agreement to deliver the commodity to the exporters domain is usually signed.
You can discover more business ideas at smallbusiness.com.ng. smallbusiness.com.ng. Note this business is a practical business.
