TECHNICAL NAME: IRON ORE FROM 63% TO 64%. ORIGIN: PERU QUANTITY: 50.000- 150,000 MT PER MONTH. PACKAGING :BULK CONTRACT :SUPPLY YEAR 2.000.000 MT. PAYMENT METHOD: SBLC / DLC TRANSFERABLE, DIVISIBLE and IRREVOCABLE. MT 760 DIVISIBLE AND TRANSFERABLE /MT 103 - TT- WIRE (TOP 25 BENCH). TYPE OF CONTRACT AND VALUE OF PRODUCT: FOB Port of Peru USD 72 MT DURATION OF THE CONTRACT: 12-MONTH CONTRACT, RENEWABLE BY AGREEMENT OF THE PARTIES. CERTIFICATIONS :SGS OF QUALITY AND QUANTITY AT PORT OF ORIGIN. VENDOR COMPANY: MAKES CONTRACT AND OFFERS 2% PERMANCE BOND GUARANTEE TO THE BUYER. Additional Information: Consider That, Once The Contract Has Been Signed, The First Shipment Will Be Made 15 Days After The Payment Document Has Been Accepted, And Successive Deliveries Every 30 Days. COMMERCIAL PROCEDURE 1.- The buyer issues an official order (LOI / CPO accompanied by CP company profile), proof of funds (RWA), passport copy and company registration to the seller to which the seller responds with an FCO. 2.- The Buyer as a token of acceptance sends by e-mail the signed and stamped confirmation of the offer submitted by the Seller, with the respective date of acceptance. 3.- Buyer and Seller discuss the conditions set forth in the Draft Supply Contract, as a sign of acceptance, sign the terms and conditions, procedure to formalize the contract, which will be sent via e-mail. 4. The Buyer's Bank shall, within five business days, send the draft financial instrument (SBLC) to the Seller's nominated Bank. 5. The Seller will then send the POP documents to the buyer: A.- Certificate of Origin. B.- Supply commitment. C.- Product passport. d.- Declaration of product availability. Once the draft of the financial instrument is approved, the Buyer's Bank issues the instrument (SBLC) to the Bank designated by the Seller. 7.- Once the Financial Instrument is confirmed, the Seller will send the complete POP and the following documents v�?Ã?Âa Swift from bank to bank: A.- Export Permits of the Product, B.- Certificate of title of the allotment title. C.- Port Storage Contract. D.- Transportation contract to the port of unloading. E.- Quality and quantity certificate from SGS. F.- Bill of Lading (BL). 8.- contract deliveries start as agreed. 9.- The buyer performs an SGS inspection at the port and/or airport of delivery. Note: Immediate availability to load 200,000 MT IRON.
MERCHANDISE SPECIFICATIONS: Merchandise: Copper Cathode Fineness: 99,5% Assay: The material will be evaluated by the BUYER, upon delivery, by a person qualified to do so, certifying the content of 99,5 % +,/ - either at the International Departure port Terminal chosen by the SELLER. The appraisal report will be accepted by both BUYER and SELLER. If everything is in agreement, the material will be considered DELIVERED, by signing the respective Packing List and the payment will be RELEASED. Delivery: CIF Origin: East Africa Packaging: International standard pacquing metals. Contracted Quantity: Start with 20.000 tons, monthly increase of 10.000 tons until the required 50.000 tons are met contract duration 36 months CIF - ASWP Contract Period: Up to 36 months. Shipment: 1 month 20.000 tons, from the 2nd month, 30.000 tons, 3rd month, 40.000 tons, 4th month, 50.000 tons, from the 5th month, 50.000 tons are sent, until the end of the contract the for 36 months - CIF. NOTE1: The Mining Company does not charge for transportation the Cooper Cathod to the Departure Port chosen by the Seller, as this cost is already part of the metal's sales value. Price: LME (-) 17% ( Net to the buyer.) of the Cooper Cathod value in the LME - CIF History: Clean, clear, free of charge and without criminal origin. Payment: Through SBLC/ MT760/ MT799 / MT103/202 or similar Code Based on the final Assay report at Departure Port, against BL ...The Buyer used an MT-103 Wire Transfer inmediately.. MT 103 or similar. Deliver to: International destiny port ASWP CLOSING PROCEDURES: Buyer send LOI full And RWA. To Mr. Manuel GarcÂa Asin ( Commercial manager) Buyer send a ICPO in aceptance of the SCO ( ofert) Seller send the SPA. Outline of the issuance of Seller SPA (open for amendment) within 48 hours after receiving the approval of this supplier, with request of the Buyer on the total amount of required. Buyer signs and seals SPA and returns to seller. Both parties must present a copy of the SPA with the respective banks. At 3 (three) business days, the Buyer's Bank shall submit a SWIFT SBLC /MT760 or MT103/202 or similar Code to the Seller's Bank for the first 5,000 ton. to 10,000 tons. per month, for 36 months - CIF. Up on receipt and confirmation of the Buyer's SBLC/ MT760 or MT103/202 or similar code, the Seller's Bank will be confirmed by the Buyer's
