IRON ORE INFORMATION AND SPECIFICATIONS

 

Iron ore We can provide you with Iron Ore on FOB terms only. Iron Ore from Brazil * After contract is signed a sample ( up to 5 kgs) may be extracted from the production and sent to the buyer for analisys . To proceed with iron ore deal, if any buyer/agent accepts our prices and conditions we shall need LOI and BCL issued on sellers name, which we will provide upon request.

Iron Ore Specifications and Procedures: - Iron ore is 64,5% Fe content minimum guaranteed - quantity available per month is 150,000mt - Seller works on FOB basis only, and will deliver the iron ore stowed and trimmed on Loading port. Payment terms may be by Irrevocable, confirmed, transferable,100% at sight, automatic revolving L/C, issued or confirmed by prime bank or wiretransfer agaist presentation of shipping documents secured by a Bank Guarantee on the amount of monthly shipments and valid automatic revolving on montly basis for the periodo of the contract.   POP willbe given after POF on bank to bank basis -After contract is signed and legalized the seller will disclose all information regarding the mine (name and location,geological maps, SGS reports, etc...) and after LC is open the seller allows the buyer to visit the mine and loading port operations.