Iron Ore Fines Fe 63.5%

WE MBALAM MINING SARL ARE DIRECT SELLER AND CAN QUOTE:
PRODUCT: IRON ORE
ORIGIN :CAMEROON
QUALITY 62% (BASE) - REJECT 61%
QUANTITY 100.000 TM (HAVE A STOCKPILE OF 30.000MT)
PORT OF LOADING: DOUALA - CAMEROON

PACKING BULK IN VESSELS
ORE SIZE 2” TO FINES
MOISTURE 8% FREE LOSS AT 100º C
PRICE FOB USD $43 MT
WE CAN USE THE MINE AS GUAARANTEE
GUARANTEE: SBLC IRREVOCABLE, NON TRANSFERABLE, NON DIVISIBLE, CONFIRMED AT SIGHT.
TERMS OF PAYMENT: DLC IRREVOCABLE, NON TRANSFERABLE, NON DIVISIBLE, CONFIRMED AT SIGHT
CONTRACT LENGTH 12 MONTHS OR MORE
FIRST DELIVERY 100.000 MT WITHIN 55 AFTER THE CONTRACT ARE SIGNED. SUBSEQUENTS SHIPMENT AFTER 30 DAYS.
THE CONTRACT ARE SIGNED AND THE PAYMENT DOCUMENT ARE IN SELLERS BANK.
INSPECTION SGS OR EQUIVALENT AT THE ORIGIN PORT TO ENSURE QUALITY AND QUANTITY.
CHEMICAL SPECIFICATION:
Fe: 62% (Base) 61% Rejection
P: 0.526%
S: 0.0026%
Cu: 0.024%
SiO2: 4.821%

Procedures:

- Seller sends soft offer.
- After 3 days, buyer confirm and accept this offer and sign it
- 3 days later buyer sends: LOI or ICPO with full banking details .
- Seller sends Daft Contract to the Buyer;
- After 7 days buyer signs, stamps and returns draft Contract
- Upon signing the contract, the buyer opens a letter of credit.
- The first shipment will be held 25 days after the opening of the letter of credit.
WE NEED CONTACT ONLY WITH SERIOUS BUYER. BUYERS AS WILL ACCEPT OUR PAYMENT TERMS.

André-Marie Belinga.
CEO FOR MBALAM MINING SARL