1.) buyer submit this letter of intent (loi)
2.) buyer & seller meet and conduct inspection on site
3.) final confirmation about quantity & pricing
4.) buyer pays the materials by t/t
5.) transaction made
Product: copper cables
Quantity: 3 x 400 mm (40 rolls) and
3 x 300 mm (15 rolls)
We hereby confirm with full corporate and legal responsibility under penalty of perjury that we are the end seller s for the above referenced offer .We are the selling party and that has legal title to the below named transaction to offer this commodity for sale with full corporate authority.
Urea is a raw material used in the manufacture of many chemicals, such as various plastics, urea-formaldehyde resins and adhesives. It is also essential for making feedstock, glue, fertilizer, commercial products, and in resin production.We will provide
We, GRINOS CORPORATION, SARL, in JV-Co with major Smelters as RUASHI MINING Co and UFRSD Co, wish to confirm with full legal responsibility, under the penalty of perjury, that our company is the sole and principle mandate of the Supplier/Seller of the Copper Cathode. We further understand that our company will be civilly and criminally liable under our control as certified mandate of the Sellers in view of any subsequent occurrence of fraudulent acts in accordance to the International Chamber of Commerce regulations.
This FCO shall be binding either signed electronically or presented as a hard copy and shall be treated with full legal rights and binding upon the two parties pending their signatures. The terms specified in the contract shall apply.
Product: Copper Cathodes
Purity: 99.99%
Quantity: Trial 1.000 MT/ Contract 60,000MT/ 5,000MT per Month.
Origin: Democratic Republic of Congo
Current location of Material: SMELTER OR SUPPLYING MINING WAREHOUSE (BUYER WILL RECEIVE DELIVERY AT BONDED WAREHOUSE).
Price: USD$ 6500.00 per ton, CIF destination Port
Contract: 12 months with rollovers
Delivery: Immediately in25 days after signing of the contract, issuance of Irrevocable, confirmed, operative and non-transferable LC/BG/SBLC and Buyers instructions.
Payment: Letter of Undertaking/ In US Dollars-SBLC MT760/ BCL Block Funds/Electronic Fund Transfer (EFT) after final testing and delivery at the Buyer(s) bonded warehouse in Lubumbashi, Democratic Republic of Congo
PROCEDURE:
1. The Buyer sends the LOI, the Seller issues a Full Corporate Offer (FCO) for Buyerâ??s Signature (Acceptance of Quantity, Price and Payment terms)
2. The Seller issues draft contract open for amendments.
3. Both parties confirm draft of contract by endorsing it in PDF format.
4. Buyer nominated bank issues an SBLC for 1.000MT validity via MT-760 by swift to Sellerâ??s Financier bank.
5. Sellerâ??s bank issues 2% PB with 1st month 1.000MT or each batch shipment value PB to Buyerâ??s bank.
6. Delivery commences as Schedule.
After shipment arriving at the buyerâ??s port & finishing the unloading & the inspection by SGS then the buyer shall make sure documents in compliance with the credit and pay the total amount for every batch to the Sellers Bank within 3 banking days.
Origin: Colombia
Loading Port: Cali, Colombia
Packing: Pressed and Palletized with Aluminum Bands
Delivery Term: CIF ASWP
Inspection: SGS (or any similar inspection agency)
Payment: By 100% DLC Irrevocable, Confirmed, NON Transferable, Letter of Credit (DLC NT) payable at Loading Port, after SGS inspection or through BG at port of Destination after SGS inspection as per report for Final Quality and Quantity of SGS or any compatible international survey company.
Packing: For Shipment in 40' Container
Price: FOB $7,500.00 USD x MT
PAYMENT TERMS: After signing the Contract, within 10 banking days from the Buyer's signing date, the Buyer's Bank Issues a Non Operative BG or an Irrevocable, Conditional, NON Transferable, Non-operative DLC.
SUPPLY GUARANTEE (P/B): After signing the Contract, within 10 banking days from the Buyer's signing date, the Buyer Bank provides to issue a BG or an Irrevocable, Conditional, NON Transferable, Non-operative DLC for the First Shipment so that the Seller can secure the goods and issue a 2% Performance Bond. After that, the BG or DLC becomes Operative automatically. After a successful Trial Shipment, the Buyer immediately provides an Irrevocable, Conditional, NON Transferable, Non-operative BG or DLC for the next monthly shipment, so that the Seller can secure the goods and issue a 2% Performance Bond. After that, the BG or DLC becomes Operative automatically and so on for the next months
CATHODES COPPER SHEETS, GRADE â??Aâ??, Cu 99.99%, NO REGISTERED LME
Electrolytic Grade A: Shape Rectangular Leaves
Size 914mm x 914mm
Thickness: 12mm approximate
Dimension: 914mm x 914mm x 12mm (LME standard)
Weight of each sheet: 125 kgs (+/-1%)
Packing: Palletized banded by aluminum banded
The goods must be arranged to ensure their safety during transport; Seller will ship the goods in packages, pallets 1.2 MT each approximately. In 20 feet.
Each container of 20 "ft. will be charged 23 MT approximate.
The Owner-Sellers want to conduct and will Offer a 3,000 Metric Ton Trial Shipment, then they will Offer a 5,000 to 10,000 Metric Ton Amount per month, for up to 5 Year Contract. The Sellers will deliver the Shipments for pickup at the Big Shipping Port in Kenya. The Sellers really want the Buyer to travel to Verify the Efficacy and the Existence of the Product and the Operations.
Electrolytic Copper Cathode Grade A 99.99% under the following terms and conditions. We also hereby declare and confirm that the offered Copper Cathodes is of clean origin, clear and free from all liens and encumbrances and not of any criminal origin and freely movable in Africa without perjury nor defrauding and abiding the laws and rules of the ICC and compliant with Basel III regulations subject to the terms and conditions provided below: Commodity Non-LME Registered Electrolytic Copper Cathodes Grade A Origin: Congo First Order: 2,000 tons OR 5,000 tons (Or more as it will be agreed between Seller and Buyer). Loading Port Dar es Salaam, Tanzania / Durban Port, South Africa Port of Destination: ASWP. Delivery: Immediately. Packing: Pallet banded by aluminum bands inside 20 feet containers Contract Length: Term (ICC 600 Rules INCOTERMS 2010) Price: PRICE: LME -18% PER TON CIF.
