Metal Ores & Concentrates Newsgroup

Location: MEXICO, COLIMA

Iron ore 63.5%.
Full corporate offer iron ore origin : Mexico, Peru, Chile, Brasil. Date: 12/10/ 2011 Offer Expires: 21/10/2011 1. Product: Iron Ore 2. Specification: Fe 64.50 % UP. Less 62.00%reject 3. Safety note: The goods will be totally free from any types of radiations, bombs and ammunitions, mines, Shell, cartridges, sealed containers, gas cylinders, explosive shells or explosive materials in any either used or other wise. 4. Origin: México, Perú, Chile, Brasil. 5. Destiny: International sea port, Europe or China (Buyer's Choice). 6. Packing: Bulk DMT. All iron ore is delivered after a drying process and material is submitted to constant anlalysis of quality and content. That’s the reason why our sales are based on Dry Metric Ton (DMT) as the unit of measure. 7. Quantity: 100,000 MT +/- 5% from each country starts from 45 to 60 days after financial agreement 1,000,000 MT +/- 5% x 36 months from each country. 8. Delivery schedule: Starts from 60 to 90 days after financial agreement finished. 9. Price: CIF / USD $143.00 per MT. (US one hundred fourty three Dollars per metric ton). FOB / USD $105.00 per MT. (US one hundred and five Dollars per metric ton). The base Price shall be increased by US $ 2.00 per MT. for each 1% Fe above 64.5%fe, fraction pro-rata. Price to be decreased by US $2.00 per MT for each 1% Fe below 64.5%, fraction pro-rata, and below 62.5%, buyer can reject. Prices to be revised in january every year. 10. Physical characteristics: Fines or lumps 0.15 mm–75 mm, (Buyer's Choice) Moisture: 8+/- % 11. Payment: SBLC via swift MT760 bank top 25 for 1st shipment and ARDLC for next shipments. 12. Delivery port: Mexico, Peru, Chile or Brazil sea port : Seller option. 13. Initial quantity: From 100,000 to 1,000,000 MT from each country. 1,000,000 MT (One million metric tons). Initial amount and capacity of reaching up to 1,000,000 MT / Per Month if accepted by buyer and negotiated on contract. 14. Length of contract: 36 months to a 5 year contract is acceptable, with rolls and extensions once monthly shipping schedule is agreed confirmed in the final Sale and Purchase contract. 15. Inspection: Standard SGS procedures. Procedure: 1. Seller issues this FCO and sends it to Buyer for their approval with signature and stamp. 2. Buyer returns to seller signed and sealed FCO with official ICPO (Irrevocable Corporate Purchase Order) within 3 business days to seller after receiving FCO. 3. Seller issues draft contract with bank details. And sends it to buyer for revisions, signature and stamp. 4. Buyer returns to the seller the contract signed and stamped. 5. Buyer issues BCL. 6. Buyer issues DLC 100%.