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Mining

Kindly find enclosed our BEST Offers of Minerals from LATAM & Asia.

  • For Bauxite, Mining group has decades of experience in mining & exporting to Asia, counting on first line personnel in all its lines from the Mining operation & Shipment with a capacity to load UP to 150,000 Mt per vessel in FOB basis
  • Images, Lab analysis, and documentation of Mine available after receive & approve LOI/ICPO according to FCO terms
  • Certification: According to CCIC  in the yard. Miner group is R, W and A to submit Contract to start shipment at the earliest after approve ICPO.

Soft Offer - Steam Coal - Indonesia - 2019

NEW 2019 Soft Offer - Steam Coal - Monthly delivery UP to 65,000 Mt per Month - Origin Indonesia - FOB East Kalimantan, Indonesia.

 

  

SCO - Steam Coal

Indonesia

 

 

   

We have the pleasure to inform you that our group has negotiated this excellent option related to Steam Coal from Indonesia.

 

 

 

Commodity: Indonesian Steam Coal in Bulk

 

Origin : East Kalimantan, Indonesia.

 

Quantity Supply : 780,000 MT /year, or 65.000 MT/ month

.

Coal specifications: based on ASTM standards measurement as below :

 

Specification               Unit                 Standard                     Rejection

 

Total Moisture               ARB                 18-20%

Inherent Moisture          ADB                 10-12%

Ash Content                 ADB                 8-10%                          > 12%

Volatile Matter               ADB                 38-45%

Fixed Carbon                ADB                 By Difference

Total Sulphur                ADB                 0.6-1.0%                       > 1.00%

Nett Calorific Value       NCV                 5000 Kcal/Kg               < 4800 Kcal/Kg

HGI                                                      40-48

Size                             0-50 mm           90%

 

 

Term of Delivery and Shipments :

 

Loading Port of Vessel: Samarinda Anchorage, East Kalimantan, Indonesia

 

Price :                          USD $65/MTN in FOB Basis

 

Loading Laycan :          June 2019 after LC verified & confirmed.

 

 

Terms of Payment :

 

Payment Method :

  1. Paid per Shipment Mother Vessel by LC irrevocable, confirmed, transferable at sight, MT 700 at sight 100% by to be paid by presentation documents at loading port. The amount is depending on Mother Vessel Type.

 

  1. LC is valid until 90 days.

 

  1. 100% LC value to be established by a First Class Rating International Bank acceptable to the SELLER’s banker latest by 15 Working days before the first date of each laycan agreed in favor of the Seller’s associate company.

The LC must allow a tolerance of +/-10 % in the amount and the quantity as well Negotiating Bank may claim reimbursement Via tested telex from LC opening from international prime bank Correspondence, value 2 Banking days confirming the strict compliance of the Documentary Credit. For reimbursement of 100 % payment loading port COA should be considered.

 

Inspection :

Surveyor by SGS or IOL INDONESIA appointed by Buyer and on Seller account.

Certificate of Sampling & Analysis and Weight based on loading point results is final and binding both parties.

Pre-Shipment Inspection must be done by an independent, certified surveillance company to certify the availability of stock to be loaded before vessel send to loading port by buyer. SELLER shall prepare well at least 80% of all cargo at the loading port 7 days before vessel’s arrival at loading port.

Umpire sample is based on loading port sample taken.

 

 

PROCEDURES

 

 

 

  1. Buyer issues  LOI/RWA with full banking coordinates and permission for Soft probe.
  2. Seller issues Draft Contract.
  3. Buyer signs the Draft Contract and sends it back to the Seller.
  4. Seller issues the final Contract to the Buyer.
  5. 5. Buyer's bank issues and sends by swift the non-operative L/C 100% at sight to the Seller's bank within 48 hours.
  6. Seller posts Performance Bond (PB) for the value of 2 % and LC becomes operative.
  7. Shipment begins. Buyer can perform a physical inspection together with SGS at the time of loading of product.

 

 

 

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