Monazite Sand
Overview
Monazite is a reddish-brown phosphate mineral rich in rare earth elements (REEs) such as cerium, lanthanum, neodymium, and praseodymium. It often contains trace thorium.
Monazite is a rare phosphate mineral with a chemical composition of (Ce,La,Nd,Th)(PO4,SiO4). It usually occurs in small isolated grains, as an accessory mineral in igneous and metamorphic rocks such as granite, pegmatite, schist, and gneiss.
These grains are resistant to weathering and become concentrated in soils and sediments downslope from the host rock. When in high enough concentrations, they are mined for their rare earth and thorium content.
Geological Occurrence
FOUND
inherently in heavy mineral sands and placer deposits
CONCENTRATED
alongside ores likezircon, ilmenite, and rutile
EXTRACTED
using gravity and magnetic separation techniques
Key Uses
TRADE PROCESS
OverviewHere’s what they entails:
1). Cost Insurance and Freight (CIF): Seller will handle everything from loading the vessel, paying for insurance, and sending the product to wherever the buyer wants it delivered.
2). Freight On Board (FOB): Seller pays for the transportation of the goods to the port of shipment, plus loading costs, while the buyer pays the cost of marine freight transport, insurance, unloading, and transportation from the originating port to the final destination.
TRADE SPECIFICATIONS
SpecificsMineral Type: Monazite/Monazite Sand
Physical Specification: Based On Buyer's Specification
Quantity: Based On Buyer’s Specification
Price: Negotiable/Metric Tonne
Trade Process: Ex Works/FOB/CIF
Payment Method: 100% irrevocable SBLC or L/C at sight from a top 25 prime bank
Shipping Time: 15 days after confirmation of L/C
Loading Port: Lagos, Nigeria
