Iron & HBI (Fe)
4.2 million tonnes of proven iron reserves with total Orinoco Belt resources of 21 million tonnes. Premium Hot Briquetted Iron from the Guayana industrial corridor — the cleanest feedstock for electric arc furnace steelmaking.
At current HBI prices (~$400/t), proven reserves represent $1.68 billion in-ground value, with total Orinoco Belt resources valued at $8.4 billion. The Guayana region hosts world-class deposits at Cerro Bolívar and the CVG industrial complex — Latin America's premier steel corridor.
Reserve Valuation
Venezuela holds 4.2 million tonnes of proven iron reserves, with total resources across the Orinoco Belt estimated at 21 million tonnes. At current HBI prices (~$400/t), proven reserves represent an in-ground value of $1.68 billion USD, with total resources valued at $8.4 billion USD. The Guayana region hosts world-class deposits at Cerro Bolívar and the CVG industrial complex.
The Green Steel Revolution
The global steel industry is transitioning from blast furnaces to Electric Arc Furnaces (EAFs), driven by decarbonization mandates. EAFs rely on HBI as primary feedstock — and Venezuela's Guayana region hosts some of the world's largest HBI production facilities, including Orinoco Iron and FMO. HBI-based steelmaking produces 60-75% less CO₂ than blast furnace routes.
Commercial Specifications
- Premium HBI — Fe 90%+ | Metallization 92%+ | Carbon 1.5% | DRI-grade
- Iron Ore Fines — Fe 64%+ | Sinter feed and pellet grade
- Iron Ore Pellets — Fe 67%+ | DR-grade for direct reduction plants
- All material from Cerro Bolívar / CVG complex / Orinoco Belt
- Independent third-party certification included with every lot
Register Green Steel Interest
Register your interest in HBI and iron ore. Volume contracts and forward origination available for qualified EAF operators.
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