In 2005 EIRON also diversified
into barter trade and engaged in
an approximate USD25 million
rail cars for iron ore
transaction with C.V.G.
Ferrominera Orinoco C.A.
Over a period of approximately
14 months, 500 rail cars
(gondolas, hoppers and side
dumpers) were supplied by EIRON
to Venezuela. These rail cars
are employed daily and form part
of C.V.G. Ferrominera Orinoco
C.A.’s logistical back bone.
The success of this project has
realized the negotiation of
further barter related
transactions with clients in
Turkey and South America.
© EIRON Eisenerz und Rohstoff GmbH
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