CHEMICAL COMPOSITION (ON DRY BASIS)
Al2O3 47-48%, Rejection Below 47%
Silica 8-10%, Rejection Above 10%
Fe2O3 8-12%
Moisture 6-8%, 8% max (normal season), during rainy season 9% Max
LOI 23% to 28%
PHYSICAL COMPOSITION
(ON NATURAL BASIS) Size: 0 mm to 100 mm (+/- 10%)
Commodity: Bauxite ore gibsitte-trihydrated in Bulk
Specifications:
Alumina (A2O3): 46%
Silica (SiO2) : 2.43%
Iron (Fe2O3): 22.27%
CaO: 0.05%
Lossonignition: 25.74%
Moisturecontent: 5.64%
Sizes0mm -300mm: 95.50%
Origin: Guinea
Price C.I.F: Kindly suggest an Target Price for CIF/MT AWSP;
SHIPMENTS WILL BE BY WAY OF 200.000 METRIC TON VESSEL THE FIRST SHIPMENT WILL BE BETWEEN 30 AND 45 DAYS FOLLOWING CONFIRMATION, VERIFICATION, AUTHENTICATION OF AN OPERATIVE PAYMENT INSTRUMENT IN A FORMAT ACCEPTABLE FOR THE SELLER AND THE SELLERS BANK
Minimum shipment: 180,000 MT / Month
Shipment, delivery and Payment: Irrevocable, divisible revolving letter of credit, covering the cost of one-month shipment.
Loading Port: Katoungouma / DapillonPorts - BOKE (Guinea)
Inspection: BY SOCIT GNRALE DE SURVEILLANCE (SGS) INSPECTION SERVICES/ INSPECTS AND VERIFIES THE QUANTITY, WEIGHT AND QUALTIY OF TRADED GOODS.
Certifications: CERTIFICATES OF GOST, SABS ETC. ARE NOT INCLUDED IN THE PRICE.
Shipping Vessel Requirements: The Seller shall ideally nominate vessels that have the following characteristics:
Dead Weight Tonnage: 150,000 DWT to 185,000 DWT
Length: 230 m to 295 m
Beam: 35 m to 47 m
Loaded Draft: 15 m to 20 m
Specifications: The product being supplied shall be fit for low temperature as well as high temperature refineries as per inspection certificate issued by Societe Generale de Surveillance (SGS) and shall meet the following specification or more.
Procedures:
a) Buyer issues LOI
b) Seller issues FCO
c) Buyer signs, Seals and returns FCO
d) Seller issues Draft Contract
e) Buyer signs page per page Draft Contract and returns to seller.
f) Seller issues final Contract and sends original copy to Buyer and both Seller and Buyer deposit their signed SPA contract at their respective Banks.
g) Within 48 hours of signing the Final Contract, Buyer's Bank issues and sends by swift, a non-operative letter of Credit (L/C) to the Seller's Bank.
h) Seller place Performance Bond and L/C now becomes operative
i) Loading starts 30 days after confirmation of L/C.
