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About The Company

WHO WE ARE

Ferrometal Group is a company with more than 25 years of experience in international trading of ferrous and nonferrous metals including naval scrap, steel and iron. Also has a long experience in financing and advisory infraestructure and industrial projects in Middle East, East Europe and Africa such as hospitals, recycling plants, renewable energies and water purifier plants.

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In the last years the main focus of Ferrometal Group has been dedicated in developing a promising project about a vessel dismantling and recycling plant that will take place in Africa. This technology has the capacity to recycle all kind of ships and offshore platforms through a non-contaminating process meeting the requirements dictated by different UN agencies like ILO and IMO regarding working conditions and environmental protection.

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Ferrometalgroup was constituted in 21/11/1951 and has done investment of 40M in several lands and industrial projects.
Industrial projects and lands:
– 315 hectares of coastline in the Atlantic sea near the border of Mauritania, for renewable energy which cost 19M euros.
– Mango juice factory
– Exploitation of 50 ha of clay for brick factory, 3,350,000 euros at the quarry side.
– Bottled water factory in Romania, Transylvania

Ferrometal Group S.L. is a company that has invested, during 10 years in Senegal a total amount of 39 million euros, in the following projects :

  • Project 1: 315ha to make a logistic port and 200ha dedicated to photovoltaic renewable energies. Value of this land is 19 M. Ferrometal has invested 13 million euros in these acquisitions. We have owned these lands for 98 years.
  • Project 2: Bottling water factory. 200 million liters of water per year.  The investment has been 16 million euros, with the equipment, land and permits. The construction is almost finished.
  • Project 3: Ice factory. The construction has cost 5 million euros. It is located on the same land as the water factory.
  • Project 4: Mango factory. 2000 mango trees. We own all the mango raw material, land and water to make the factory.
  • Project 5: Gold mine and jewelry in Senegal. 50ha of gold mines, and ownership of the jewelry, in partnership.
  • Project 6: Lottery license in Senegal. Three types of games approved. lottery license plus creation of the games and a casino permit.
  • Project 7: In the process of application management by the government to make a factory of pasteurized milk in Senegal.

On the other hand, Ferrometal also has other projects:

  • Project 8: Approved patent for ship dismantling with the possibility of implementation in other countries of the world. Developed by an engineering company. We are searching for buyers.

We are in a position of transferring all these business industries that we have to any company in the world that has experience in industrial and soft drink projects management.