Brazil
Minerals
IRON ORE
IRON ORE
SPECIFICATIONS COMPOSITION ON DRY BASIS, PERCENTAGE BY WEIGHT • Fe 64.5%, rejection below 63.5% • Al203 1.4% MAX, rejection above 2.00% • Si02 2.08% MAX rejection above 3.5% • P 0.030% MAX rejection above 0.06% • K2O 0.020 % rejection above 0.06% • CaO 0.02% MAX • MgO < 0.1% MAX • Na2O <0.1% MAX • Na2O <0.1% MAX • TiO2 0.08% MAX • Mn 0.090% MAX • PF (L.O.l.) 1.22% MAX • Sulfur 0.035% MAX Free Moisture Loss at 105 DEGREE CENTIGRADE MAX 8% PHYSICAL COMPOSITION 0mm-2.99mm = 83% min, 3mm-7.99mm = 10% min, 8mm – 14mm = 7% max
QUANTITY
500.000MT X 12 Months PRICE USD 143,00MT CIF ASWP DELIVERY 40-45 days for the first shipment and subsequent shipments within 40 days from the date of receipt of the Operative DLC. INSPECTION S.G.S Inspection for Quality and Quantity Service at Seller’s Cost shall inspect the Commodity at Place of Loading. PAYMENT Irrevocable, Transferable, Operative, Confirmed, Auto /Revolving Documentary Letter of Credit covering full value of the each monthly shipment,100% Draft at Sight, with 98% at the Load Port and balance 2% at the Discharge Port PERFORMANCE BOND Seller will post 2% PB
