Fe : 63+% basis and rejection below 62.5%.
Alumina (al2o3) : 4.00% max
Silica (sio2) : 4.00% max
Sulphur (s) : 0.06% max
Phosphorous (p) : 0.06% max
Moisture : 8% maximum
Physical (size) (on natural basis)
Below 10mm 90.00% min.
Above 10mm 10.00% max
Below 150micron 30.00% max
1) Iron ore type: Fines & Lump
Fe : 62% (+/- 1.00 %)
SiO2 : 5.50 % max (by approximate)
Al2O3 : 3.50 % (by approximate)
Phosphorous (P) : Below 0.10 % (by approximate)
Sulphur (S) : Below 0.10 % (by approximate)
Moisture Content : 8% max (by approximate) and free Moisture loss at 105 degrees centigrade.
Physical Specification of fines size: +0 mm - 10 mm
Physical Specification of lump size: +0 mm - 50 mm
Quantity already can supply 30,000 mt. per month.
2) Iron ore type: Raw Ore
Physical Specification of natural size 1: +50 mm - 350 mm
Physical Specification of natural size 2: Non specification.
(a) Chemical composition (on dry basis guaranteed)
Fe - 63.50% basis (rejection below 63 %)
Sio2 - 3.50% max
Al2o3 - 3.50% max
Phosphorous - 0.05% max
Sulphur - 0.05% max
Moisture - 8.00% max.
(b) Physical properities
Size distribution:
0mm-10mm - 90% min
Above 10mm - 10% max
Below 0.15mm - 30% max.
Origin : South Kalimantan
Quantity: (min) 50,000MT û (current max) 100,000MT per month
Packing : BULK
Loading port : open sea anchorage Taboneo
Price : USD66/MT FOB MV
Payment term: Non-operative irrevocable, Non-transferable, Revolving Documentary Letter of Credit from Prime Bank : 98% at Sight (after BL, Invoice & COA) at Indonesia loading port + 2% against CCIC/SGS upon arriving at destination port. Not favour to CIQ.
Performance bond : The Seller shall issue a non operative 2% Performance Bond Guarantee (PBG) of the LC value, and shall be confirmed irrevocable. Performance Bond Guarantee ONLY applies:
1) To guarantee first shipment being spot trial delivery FOB, if the seller fails in the delivery
2) If long-term contracts and PB used to support the Master LC issued by buyer
3) Performance Bond Guarantee is not used for the purchase of CIF, unless the buyer publishes Master LC, then the seller will back up with PBG.
