achat de minerai de fer / iron ore purchase:

product: iron ore (hematite or magnetite).
purity: fe: 60 67%
sio2: 3.5 % max
al203: 1.50% max
s: 0.08% max
p: 0.05% max
cao: 0.6 % max
mno: 0.2 % max
mgo: 4.0 % max
tio3: 0.5 % max
physical: (on natural basis)
moisture: 2.5 5.00% max
quantity: 100,000 mt tons of trial order and 1,000,000 mt x 12 months (12,000,000 mt + 100,000 mt = 12,100,000 mt total), with potential for increased volume.
contract period: 12 months with rolls and extensions.
price: competitive price (price depends on purity %).
payment terms: revolving documentary letter of credit, irrevocable, non transferable (no advanced payment). 100% payment via documentary letter of credit (dlc) upon successful port inspection ccic.
performance bond: supplier will give 2% pb of contract amount for warranty, from his bank ranked in the top 50 or 100 maximum.
delivery terms: cif china or fob (port of loading to be announced).
inspection: ccic (port of loading) & ccic (china).
shipping: bulk carrier vessels.

important note:
the seller provides proof by furnishing the latest shipment sgs / ccic report and his bill of lading (of the latest buyer, contacts details of seller and buyer deleted) before any action.
current valid, unrevoked mining permit.
sample submission: samples must adhere to buyer specified standards.
the share capital of the supplier's company must be mentioned.

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