We are agents for several mines in Southern Africa. We have noted your specific product requirements and have the pleasure to inform you that we can comfortably supply you with it. Our mines have the capacity to supply up to 500 000mt of iron ore, chrome ore and coal per month depending on demand. Sale Procedure: All prospective buyers must initiate any prospective purchase with an appropriate LOI. Terms of payment: Non-transferable BLC or BG. Buyer pays 100% by TTM after which buyer takes B/L and CIQ report at the destination port. Inspection: SGS and CIQ. Transaction takes place on FOB basis RBI (Richardsbay Index) + 3.5%. Seller's Procedures: 1. Seller offer FCO to buyer. 2. Buyer issues ICPO to seller. 3. Seller issues FCO to Buyer, Buyer sign FCO and forward BLC to seller. 4. Seller issues draft contract to buyer. Buyer scrutinize draft contract and where
applicable brings amendments where after Buyer sends the amended draft contract
back to seller. Both parties We are regularly Selling: coal, diamonds, chrome ore, gold, iron ore, platinum. We are regularly Buying: none.
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