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Iron Ore - Chile

Iron Ore - Chile

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CORPORATE IFC

CORPORATE IFC

Chile

Miembro Básico

Persona de contacto Mr. Luis

Pedro de Gamboa 116 LC, Santiago de Chile, RM

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Description

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)
 
 
Ley Fe(T)       Ley Fe2O3
 
*9%                 *0.*5%
*7%                 *7.*9%
*5%                 *4.*3%
*3%                 *1.*7%
*1%                 *8.*1%
 
 
 
 
PROCEDURES
 
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
 

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