Metal Ores & Concentrates Newsgroup

Location: BRAZIL, SEPETIPA MATO GROSSO

Iron ore and magnanese.
Offer iron ore fines 64,5% Date: abril , 11, 2011 Origin Brazil Payment : MT 103.23 OR LC Price CIF: USD $ 155.00 / MT Destine: China Warranty: 3 BG/SBLC Quantity month: 24 Quantity: 12.000.000 MT Monthly amount: 500.000 MT Specifications: Iron ore Fe 64, 5 % min 63, 5 % SiO2 3, 6 % max 4, 5 % Al2O3 2, 23 % Max 3, 5 % Man 0, 08 % max 0, 15 % LiO 0, 70 % Max 0, 80 % P 0, 015 % Max 0, 027 % S 0, 005 % Max 0, 007 % Na2O 0, 015 % Max 0, 027 % K2O 0, 005 % Max 0, 008 % TiO2 0, 03 % Max 0, 08 % CaO 0, 012 % Max 0, 02 % MgO 0, 03 % Max 0, 022 % Sn <0, 01 % Cr <0, 004 % Zn <0, 01 % Pb <0, 005 % 2 Procedures: 1. Buyer issues ICPO with Soft Probe and shall include in it authorization to check bank details, NCNDA + warning letter. 2. Seller issues Draft Contract. 3. Buyer signs contract and send to Seller duly signed and stamped. 4. Seller also signs contract and sends to Buyer. 5. Within five (5) banking days, Buyer’s bank sends 03 BG’s or LC or MT 103.23 for the total contract value to Seller’s bank with instructions from GR of UK, or as stipulated under contract. 6. Within seven (7) banking days, Seller’s bank sends Proof of Product (POP), by SWIFT, bank to bank, to activate Buyer’s financial instrument. 7. Shipments begin according to Contract.