Description

Commodity: Iron Ore Lumps in Bulk
Description : Iron (Fe) 
Content % : *2% (Min. *1%)

Specification
Silica   4.5 % Max.
Alumina  4.0% Max.
Phosphorus (P) 0.*5% Max.
Sulphur (S)  0.*5% Max.
Manganese (Mn) 0.*5 % Max.

Size: Less than **0 mm (Up to *0% of the Cargo)

Country Origin: West Africa

Quantity: Based on size of order
*0,**0 Tons per bulk shipment.  There may be variation in the load and shipped quantity depending upon the availability of the bulk vessel at the berth on the Port of Load and Despatch.

Shipment Schedule: *0 to *2 Weeks Timeline from the confirmed contract sign off for FOB delivery at the Port of Shipment.

Port of Shipment: Port of Abidjan, Republic of Ivory Coast or any other Port Seller’s Option

Quantity and Quality Determination: The Seller shall issue Certificate of Quality (Sampling and Analysis) from their laboratory or other laboratory functional in the City of Bamako, Mali or Independent Third Party Laboratory available at Port of Loading. Shipment Assay will be done at the time of Vessel loading for Quantity and Quality. Bill of Lading will be the final basis of Quantity determination and contract settlement.

Price: FOB & CIF
1) FOB Abidjan port = USD *2 per MT

2) CIF to Chinese port =USD**5 per MT

Delivery Port: Buyer’s Option

Payment Terms: Buyer shall establish an Irrevocable, Letter of Credit for **0 % at Sight
FOB Abidjan shipment value in favour of Seller at Seller’s nominated bank to be advised by the Seller. All payments and logistics thereafter will be managed by the Buyer.
Investment Opportunity : If the buyer is interested to invest in the mine, minimum investment is $ 3 Million