Offer – Bauxite Al2O3 44-46%

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.

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