Chromite Ore (FeCr2O4) Metallurgical Grade SPC

Description

We supply Chromite Ore (FeCr2O4) Metallurgical Grade SPC coming out of South Africa. 1, **0 MT/mos. 1. Product description: High chrome-iron ratio raw material for metallurgical processes. 2. Chemical Analysis: Element Concentration (%) Cr2O3 *4.4% FeO *9.8% Al2O3 *5.1% MgO *3.2% SiO2 5.9% Cr/Fe 1.*6% TiO2 0.*5% CaO 0.3% MnO 0.*2% 3. Particle Size Distribution: ISO screens Percent average (%) *1.0 4.0% *0.5 *6.0% *0.**0 *5.0% *0.**5 *5.0% *0.**5 *0.0% 4. Quantity: 1, **0 MT (total *2 shipments). 5. Price: $**5/MT FOB Any World Port. 6. Shipment Time: first shipment 1, **0mt within *5 days of DLC activation - each successive shipment *0 days thereafter. 7. Payment: DLC for value of initial two (2) shipments 3, **0 MT (Min $**5, **0 USD); subsequent shipments RDLC for value one month shipment. DLC will be used for security purposes in the event of non-payment for goods. Product delivery payments will be made via direct wire transfer basis. 8. Origin: South Africa. 9. Destination: Any World Port. Sales process: 1. Seller issues FCO to buyer on the Sellers full letterhead. 2. Upon Verification and Confirmation of the information, the Buyer confirms acceptance of offer by LOI in writing. 3. Seller issues SPA for Buyers review. 4. Seller and Buyer sign final SPA. 5. Buyer opens irrevocable, transferable, non-divisible, DLC in favor of Sellers designated bank account for full value of first two (2) shipments total 3, **0 MT (Min $**5, **0 USD). 6. Seller opens 2% PB in favor of Buyers designated bank account for protection against non-delivery of goods (Min $*8, **0 USD). 7. Seller ships product direct to Durban, South Africa. 8. Buyer pays *0% shipment value via direct wire transfer after SGS report and presentation of B/L (Bill of Lading). 9. Remaining *0% due in full after Buyer conducts SGS/CIQ testing at destination port. *Buyer welcome to send representatives to Durban port to monitor testing/loading procedures.