NEW 2017 Soft Offer – Bauxite Al2O3 44-46% – Up to 150,000 Mt p/month – Origin LATAM – FOB Basis
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FCO Bauxite Al2O3 44-46%
LATAM
We have the pleasure to inform you that our group have negotiated this excellent option related to Metallurgical Grade Bauxite from LATAM.
- Seller is R, W and A to advance in faster terms to Draft Contract after receive ICPO.
- Images, Lab Analysis, available after approve ICPO.
- Available order UP to 150,000 Mt monthly.
Dear Sir:
PRESENT
We Miner Group hereby confirm with full corporate and legal responsibility under penalty of perjury that the following commodity is available under the state and conditions herein:
Commodity: Metallurgical Grade Bauxite
Contract: Contract for 1 year, renewable for the same year.
Quantity: UP to 150,000 Mt per month
Contract Terms: Twelve (12) months with possible roll-overs and extensions.
Delivery: Half month from reception L/C for first Shipment
Country of Origin: LATAM (Latin America).
INCOTERMS: FOB basis
Price: US$ 31 Pmt
Moisture: 17% – 19% PCT Maximum
Packing: In bulk
Performance Bond: 2% of one Shipment
Visit: Buyer is welcome to visit mine site after sign Contract
Letter of Credit: Confirmed documentary L/C, Non Transferable or Transferable, payable 100% at Sight for the first shipment opened by prime Bank acceptable to Seller. Payment will happen with presentation of Shipping documents at loading port after CCIC.
Certification: According to CCIC in the yard,
Technical Specifications:
CHEMICAL COMPOSITION GUARANTEED
AL2O3: 44%- 46% Max.
SiO2: 5% – 7% Max.
Fe2O3: 19% – 21% Max.
CaO: 0.75% – 1.50% Max.
Na20 0.18% – 0.35%
Ti02: 1.00% – 2.50%
Moisture: 17% – 19% PCT Maximum.
Size: 0 mm – 100 mm 90% Min, (natural & grainy) > 100mm, 10% Maximum
PROCEDURES
0.- Seller issues SCO duly signed
1.- Buyer issues LOI or ICPO with permission for Soft probe.
2.- Seller issues the FCO
3.- Buyer signs, seals and returns the FCO.
4.- Seller issues Draft Contract.
5.- Buyer signs the Draft Contract and sends it back to the Seller.
6.- Seller issues the final Contract to the Buyer .
7.- Buyer’s bank issues and sends by swift the Non-operative LC 100% at sight to the Seller’s bank within 48 hours.
8.- Seller posts Performance Bond (PB) for the value of 2% and LC becomes operative.
9.- Shipment begins. Buyer can made a physical inspection together with SGS at the time of loading of product.