COMMODITY: MEXICO IRON ORE 64.5% Fe (Natural, not concentrate) , REJECTION BELOW 63.5% Fe. (Lumps or Fines at buyer's choice). COUNTRY OF ORIGIN: MEXICO. QUANTITY: 150,000 MT (MOQ per shipment)(+/-5%)/month x 12 months, or.... 300,000 MT/month x 12 months, or... 1,050,000 MT/month x 12 months. (other quantities available always in multiples of 150,000 MT, which is the size of one fully-loaded vessel). CONTRACT: 12 months (with eventual rollovers and extensions for further years). QUALITY: IRON ORE 64.5%, REJECTION UNDER 63.5%. SPECIFICATIONS STANDARD INTERNATIONAL: Iron Ore to be supplied under the present contract shall conform to the specifications and standards specifically set out below: Chemical Composition (on dry basis, percentage by weight). Guaranteed: Fe 64.50% basis (Natural, not concentrated Fe2 O3 Hematite), 63.5% below rejection. SiO2: 1.90% Max. TiO2: 0.0022% Max. Al2O3: 0.06% Max. German Overseas Investments S.A. MnO: 0.011% Max. MgO: 0.365% Max. Na2O: 0.025% Max. K2O: 0.01% Max. P2O5: 0.04% Max. P: 0.0011% Max. S; 0.001% Max. CaO: 0.0850% Max. Moisture Content (Free moisture loss at 105 degrees centigrade): Guaranteed 8.00% Max. Physical size max. 10 mm. Physical Specification (Natural Basis): LUMP Nominal 50 mm - 90% min. as a load basis set by seller. Physical Specification (Natural Basis): FINES Buyer sets the size, normally either 10mm or less or 3 mm or less. Guaranteed Below 3.0 mm , 1 mm 80% min as a load basis set by seller.
