Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Bolivian iron ore exports seen hampered by quality, port issues

Energy | LNG | Natural Gas | Natural Gas (European)

Russian Gas in Europe: More Than Pipelines

Metals | Non-Ferrous | Steel

Market Data - Metales

Commodities | Metals | Non-Ferrous

Battery Metals, 2nd Annual


Panorama del segundo semestre: El sector latinoamericano del PP busca su rumbo en los mercados asiático y estadounidense

Bolivian iron ore exports seen hampered by quality, port issues


Bolivian state-owned miner Empresa Siderurgica Nacional (ESM), holder of the giant Mutun iron ore deposits, has experienced difficulty selling the raw material, due to its low, 48% iron content, market sources said Tuesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

In addition, the company has said it lacks the port infrastructure for shipping.

A Spanish group had intended to buy 150,000 mt of Mutun's ore this month to export to China, but had called off negotiations with the Bolivian company after it became clear that the iron content of the ore was low, and that the selling price of $135/mt CFR did not include freight, sources said. Bolivia would have had to use Argentina's Ibicuy port to complete the transaction.

Bolivia's government said Monday it is studying the possibility of using the Ibicuy port, as no shipping solution currently exists for Mutun's output. Bolivia's Busch port, in Santa Cruz, does not accommodate large carriers.

"Agreements [with the Argentinian government] could enable ESM to use the [Ibicuy] port facilities and mobilize some 500,000 mt/year of iron ore," said the Bolivian government.

ESM produces ore at a rate of 1 million mt/year and plans to double production once a 50-50 joint venture partner is named. The miner currently exports ore to China and occasionally Paraguay. Located in Santa Cruz, German Busch province, Mutun contains some 40 billion mt of iron ore deposits.

--Guilherme Baida,
--Edited by Derek Sands,