NEW 2017 Soft Offer – Bauxite Al2O3 44-46% – Up to 150,000 Mt p/month – Origin LATAM – FOB Basis
FCO Bauxite Al2O3 44-46%
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.
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,
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
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.