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PRODUCT: Lithium ( spodumene)
ORIGIN: Nigeria
QUANTITY: Trial Shipment l,000MT within 35 days after received LC, Monthly shipment up to
30,000MT
PRICE CIF CHINA:
Grade 5.0% - 5.499% price shall be paid at US$460/metric ton
Grade 5.5%- 5.999% price shall be paid at US$510/metric ton
Grade 6.0%- 6.499% price shall be paid at U560/metric ton
Grade 6.5%- 6.99% price shall be paid at US$610/metric ton
Grade 7.0%- 7.499% price shall be paid at US$660/metric ton
Grade 7.5% - 7.99% Price shall be paid at US$710/metric ton
Grade 8.0% - 8.499% price shall be paid at US$760/metric ton
Grade 8.5% - 8.999% price shall be paid at US$810/metric ton

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Grade 9.00% and above price shall be paid at US$860/metric ton
QUALITY: Li: 9% BASIS WITH 5% MIN (rejection below 4%)
PHYSICAL SIZE: 0 - l00MM 90% MIN
(If buyer requires crushing to smaller size then it would require a little higher price)
PACKING: Containers loaded in bulk, or in bulk vessel shipment.
SHIPMENT: 35 days maximum after received of irrevocable confirmed Letter
of Credit
PORT OF LOADING: Apapa port Lagos, Nigeria
PORT OF DESTINATION: CIF China Port.

INSPECTION: CCIC International (CCIC International is a Chinese Inspection
Institution)
90 % PAID AT LOADING PORT TO MINER WITH CCIC INSPECTION PAID
BY MINER
10% AT UNLOADING PORT WITH CCIC INSPECTION PAID BY BUYER

TERM OF PAYMENT*: By 100% Non-Transferable, Irrevocable confirmed Documentary
Letter of Credit from a prime bank payable at sight for 90% pro
visional (Bill of lading, invoice, packing list, Q and Q) at origin port and 10% at destination. port
PROCEDURES:
LITHIUM ORE exportation Procedure*
THE PROCESS BEGINS WITH DIRECT BUYER TO ISSUE A LETTER OF INTENT WITH
THEIR BANKING ON IT TO:
MR. ....
NIGERIA GRW AGENCY
4, NURUDEEN STREET, OFF AKINREMI STREET, ANIFOWOSHE,
IKEJA, LAGOS,
NIGERIA.

NOTE:
(1) THE LC WILL GO TO THE DIRECT MINER
(2) GRW HAS A SIGNED AND SEALED MARKETING CONTRACT WITH THE MINER TO HANDLE
THE MARKETING OF THE MINEâ??S ORES
(3) BUYER CAN BE AT LOADING

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Then the following is the rest of the procedure:
1. Buyer and Seller Sign Contract.
2. Buyer issues LC draft, and seller issue 2% PB draft
3. Seller confirms LC draft, and Buyer confirms 2% PB draft
4. Buyer issues his irrevocable non-operative Letter of Credit at sight in
favor of the seller. (It will be the direct miner)
5. The Seller issues a performance guarantee (2%PB) in favor of the buyer
to activate the Letter of Credit.
6. Shipment commences as per agreement.
7. Seller summits documents

Zinc is a bluish-white, lustrous metal. It is brittle at ambient temperatures but is
malleable at 100 to 150C. It is a reasonable conductor of electricity, and burns in air
at high red heat with evolution of white clouds of the oxide. Plating thin layers of zinc
on to iron or steel is known as galvanizing and helps to protect the iron from corrosion.

Zinc Ash - Zn min. 62%
Packing: 1MT Jumbo bags or loose into container
Inspection: 3rd party at loading (SGS/ CCIC)

Please contact for more info.

Aluminium bauxite