achat de minerai de bauxite / bauxite ore purchase:

product: bauxite ore.
origin: if from a sanctioned country, spa contract and performance bond must be established in a non sanctioned country
purity (grade specifications): * minimum 43% alumina content ( al2o3)
* maximum 2.50% silica (sio2)
* maximum 25~50% iron oxide (fe2o3)
* maximum 3.50% titanium dioxide (tio2)
* maximum 7% water (h2o)
* particle size distribution:
* 0 100mm: >90% bulk packed
* 200mm: >99.5%
quantity: 500,000 mt of trial order and 1,000,000 mt x 12 months (12,000,000 mt + 500,000 mt = 12,500,000 mt total), with potential for increased volume. annual contract, 12 months with rolls and extensions.
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, from his bank ranked in the top 50 or 100 maximum (bank name to be announced).
delivery terms: cif china.
buyer's bank: bank of china / hsbc / chartered standard bank.
inspection: ccic china.
shipping: bulk carrier vessels.

important note:
the seller provides proof by furnishing the latest shipment sgs 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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