Iron Ores & Concentrates Newsgroup

Location: CHILE, SANTIAGO CHILE

high grade min 62% Fe .
Description: COMMODITY : Magnetite Iron Ore Fines‐ Fe Content 62% min. Basis, below 61% rejection . Quality Specifications: (On dry basis) CHEMICAL : Fe ‐ 62% Rejection below 61% Delivery Period and Quantity : First Shipment 30,000 DMT (+/‐ 10%) Delivery within 45 Days after receipt of DLC. Followed by every month minimum delivery 60,000DMT and Up to 200,000 DMT (.+/‐ 10%) for twelve (12) months with extend and roll on. Quantity can be increased depending on Mine Production but has to be mutually agreed between Seller and Buyer. Shipments have to be effected by Charter Vessel only. Contract : 12 (twelve) months period with extend and roll over. PRICE : Platt minus 10% Per DMT CFR ASWP at Buyer’s Option Price based at Fe Content 62% Below Fe 61% rejection. Based on the average Platt daily Iron Ore Assessment for Iron ore fines 62% Fe CFR China covering 5 pricing days before contract signed date minus 10%/DMT on unit price and plus price adjustment. (Price based at Quality Fe 62%, Quality over Fe 62%, Each Fe 1% Price has to be increased USD1.00 Per MT. If Quality below Fe62%, Each 1% has to be decreased USD1.00 Per MT) Port of Loading Main Port Chile. Port of Discharge ???? Quantity: 50000 Units: MT Frequency: Monthly Price: $ PLATTS minus Funds: USD Per Units:ton