1. DEFINITIONS 1 MT = one metric ton = 1000 kilograms = 2204.62 lbs 1 USD = one United States
Dollar DMT = Dry Metric Tons
DMTU = Dry Metric Tons Unit (of manganese content percentage)
2. PRODUCT
The contracted product shall be manganese ore. (Mn ore),
herein after called “the product”
3. ORIGIN
The country of origin for the product shall be Zambia
4. QUANTITY
4.1 Trial shipment 1000mt +/- 10% at seller´s option; 2000mt available now and then upto 5000mt per month
4.2 Partial shipment / transhipment allowed, the whole shipment shall be completed within one month (30 days from L/C issuance date),minimum shipment per B/L should be 500 MT;
5. QUALITY
The quality of the Manganese ore shall have the following chemical specifications on dry basis:
TYPICAL GUARANTEED
Mn 42.00 % MIN. £42.00% Rejection
SiO2 7.00 % 12.00 % MAX.
P : 0.08 % 0.10 % MAX. ³ 0.12% Rejection
Fe 4.0 % 5.00 % MAX.
Al2O3 4.5 % 6.0 % MAX.
Moisture 5.0 % 10.00 % MAX.
10-100mm Min 85%
We will load as per sizes given,if stock are loaded in different sizes then buyer will allow to deduct price as per clause number 10.1, But cargo will not be rejected.
6. DELIVERY/PACKING The product shall be delivered in bulk stuffed loose into 20 feet containers. 21 free days in discharging port. The stuffed containers are to be shipped on board the nominated vessel before 30th .
7. TRADING TERMS The product is sold on CIF basis. The INCOTERMS 2010 to apply.
8. PORT OF LOADING The port of loading is intended to be Dar-E-Salam or other major ports at seller´s option.
9. PORT OF DISCHARGE The port of discharge shall be Tianjin port, China.
10. UNIT PRICE The pricing structure for the unit price CIF basis is agreed as follows:
The current price Table of Mn ore supply would be as under:
48 to 48.99 :6.30USD/DMTU
47 to 47.99 :6.00USD/DMTU
46 to 46.99 :5,90USD/DMTU
45 to 45.99 :5.80USD/DMTU
44 to 44.99 :5.50USD/DMTU
43 to 43.99 :5.50USD/DMTU
42 to 42.99 : 5.40USD/DMTU
Payment terms: 100% payment at load port against shipping documents by LC at sight
Delivery time: 30days
Seller will be Aarya Minerals Pty Ltd
