NEW***6
Soft Offer - Iron Ore Fe*3% - Hematite
-Monthly
delivery Up to **0,**0 Mt p/month - Origin
Chile _______________________________________________________________________ Chile, *3 Diciembre
***6
We have the pleasure to inform you that our
group have negotiated this excellent option related
toChilean
Iron Ore.
Seller is R, W and A to advance in faster
terms to Draft Contract after receive
ICPO.
Images, Lab Analysis, Loading
Documentation available after approve
ICPO.
Actually they are working in order to
place UP to **0,**0 Mt first Month and **0,**0 Mt the second month
in faster terms due to Stock pile already exists to be loaded in
order to advance in comfortable terms
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
: Iron
Ore (Fe 2O3) IRON ORE (Fines & Lumps) Contract :
Contract for 1 years,renewable for the same
years Quantity
: First
delivery **0,**0 MT +/- *0% UP to **0,**0 Mt per
month Contract Terms
: Twelve
(*2) months with possible roll-overs and
extensions. 1,**0,**0 Mt per year.(With prior
agreement of the parties). Delivery:
*0 days from reception LC Confirmed, Quality :
*3% basis Country of Origin :
Chile Price:
US$ *7 Pmt CFR Destination
Port: China/Qingdao
/ Tianjin
Port of
shipment:
Port, Punta Totoralillo- Caldera Valle de Copiapo; North of Chile
and/or any port of Chile. Size :
3 to fine (0,*5 mm to 3) Packing :
In
bulk VISIT:
Only after signing Draft Contract. Payment
: The
payment will be with a confirmed Letter of
Credit. The payment terms will be of amount
is US$ *7 Pmt CFR
Letter of
Credit: In five
banking days, buyer shall open an irrevocable, transferable, at
Sight, Revolving and Confirmed Letter of Credit in favor of Seller
for an amount in US Dollar sufficient to cover **0% of contract
value through any First Class International Bank, application form
confirmed by Seller, *8% payable against Bill of
Lading.
Sellers draft at sight. The balance
of 2% payable within three (3) working days
after: 1.-shipping
arrival, 2.-the
purity and quantity being inspected by
CIQ.
Bonus/penaltyThe
price will be increased on US$1 (1 dollars) per Metric Ton for each
1% (one per cent) above *3 % and it will be decreased on US$ 1 (one
dollars) below *2%.
Final
Payment The balance of 2% payable within three
working days after: 1.- Shipping
arrival 2.- The
purity and quantity being inspected by
CIQ.
ConfirmedLC,valid
for *0 days with option renewable for further **0
days.
Certification:Accordingly
to SGS Chile in the yard, For all purposes, SGS is part of the
inspection and proof that we have the permits to export and
documents for the exploitation of the mineral, once you submit
DRAFT CONTRACT, we will send copies of
documents.
Technical
Specifications: Dry
basis %
Max
Min Fe 2O3
*3,*0
*2,*0
Physical Composition (On
Natural basis) 3 to fine
(0,*5 mm to 3)
1) Buyer issues a
LOI 2) Seller issues
FCO 3) Buyer signs, seals and returns the
FCO 4) Seller issues Draft
Contract 5) Buyer signs, seals and returns the
Contract, seller signs the Contract and return to the
Buyer
This
representation is made with full corporate authority and
responsibility of the above..
Best
Regards,
Luis O.
Benavente CORPORATE ITC Phone:**6 9
*******2
