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IRON ORE 64,5% CIP ASWP - ORIGIN MEXICO



About IRON ORE 64,5% FROM MEXICO, see below information and videos attached.



COMMODITY: Iron Ore 64.5 Fe (can be blended to any specification 63.0+ Fe)

ORIGIN: MEXICO



QUANTITY:

MOQ: 100,000 MT/month X 12

Max. 4,000,000+ MT/month x 12

CIP PRICE: PLATTS -10%



COMISSION:

• $1.00 USD/MT for you and all in buyer side

Incoterm: The iron ore is offered under CIP basis.

PAYMENT:

1) SBLC 100%, TRANSFERABLE, Divisible, Revolving, payable at loading port on demand against signed commercial invoice, SGS [Q,Q, no radiation], waybill and ocean bill of lading with a one-time LC processing fee of 2% of the first months LC value within 5 days after signing the contract. The seller does not use an advisory bank. PB is 2% of the monthly freight charge, corporate PB until LC verifies, then it is replaced by a bank guarantee for PB.



2) TRANSFERABLE, Divisible, Revolving, DLC of 98% upon receipt of the Shipping Documents, 2% released upon presentation of the Commercial Invoice.



PROOF OF PRODUCT TERMS:



The seller shall provide proof of product by means of an on-site inspection of the material sold under any of its contracts provided that:



• The buyer has made their deposit in clean and clear funds into the account of Seller designated by any of its properly countersigned contracts along with its term Letter of Credit, and;



• The Buyer provides copies of all attending parties passports within 72 hours from signature of contract, and;



• The country of loading permits such visitation of each party whose passport has been submitted with the express understanding that seller company shall not be held liable under any circumstances as a result of any constraint, delay, condition or rejection, and;



• The Buyer shall pay for any and all costs incurred for such on-site inspection no matter its origin to be paid immediately upon presentation of invoice, and;



• Should the Buyer reject any material offered by the Seller, then Seller reserves the right to show additional material from any other site it deems appropriate until such time as the material is deemed acceptable by the Buyer but limited to a maximum of the sites currently available to Seller without incurring breach therein of any contract entered into between the Buyer and Seller.



• The Buyer may withhold any Proof of Product and On-Site Inspection during the term of any Seller contract, but such inspection shall be exercised only one time during the course of any Seller contract without express written agreement by both parties.



• Should the buyer demand SGS as Proof of Product, Buyer shall place USD 6.00/MTW of their total planned order into Sellers account upon the request to pay for such inspection, and such report will be sent directly to the Buyer upon its completion by SGS.



ADDITIONAL NOTES:



• SGS Report is not to be considered as “condition of payment” or “proof of product” with any transaction.



• Buyer will receive a full SGS report directly from SGS upon loading of cargo.



• Broker circumvention is NOT tolerated in any way by Seller. If we receive direct communication from a broker or potential buyer, we will not proceed with negotiations and/or contract issuance until all referring parties are properly identified for the purpose and recognition of intermediary commissions.



• Seller will negotiate new terms of sale after signing of contract and performance by the seller. Seller uses private shipping and has extremely high security methods deployed (especially given recent events of hijackings) therefore any demands for Q88, ship registry documents, etc. will not be provided until the buyer’s fiduciary obligation has been met. Seller prefer to give our clients above satisfactory supply for long term business development, but we also cannot satisfy buyer paranoia at the expense of the lives of the crews on- board the shipping vessels. These things will not resolve buyer issues and our experience has shown that clients who continuously want “something more” before payment end up wanting more and more yet never pay for their goods.



PROCEDURES



STEP 1. Buyer issues a LOI or ICPO with Company Profile and End Buyer Passport Copy + CIS/KYC + IMPORT LICENSE + Company’s registration Copy + NCND with company representative passport or ID.



? LOI / ICPO with Company Profile and End Buyer Passport Copy +



? COMPANY REGISTRATION COPY +



? CIS/KYC +



? NCND +



? IMPORT LICENSE



* ICPO to Seller



o Seller procedure needs to be inserted in the buyer’s LOI/ICPO



STEP 2. The Seller sends a SCO



STEP 3. The Buyer returns the SCO signed and sealed, accepting price and sale terms, and send to the Seller with POF



STEP 4. The Seller issues Draft Contract



STEP 5. The Buyer review , signs and return the contract to the Seller dully , signed and Sealed , in a maximum time of three (3) days,



STEP 6. The Seller sign the contract and return to the Buyer,



STEP 7. The Seller will issue a Proforma Invoice for total amount of one month’s cost to the Buyer with the conditions of sale,



STEP 8. The Buyer will issue 100% Irrevocable , Transferable, Confirmed SBLC/LC according seller’s conditions



STEP 9. Loading procedure will start. POP DOCUMENTS WILL PROVIDE ONLY BANK TO BANK.



INSPECTION



· SGS inspection at the LOADING PORT is the only reference for Payment Release – But buyers are welcome to appoint CIQ INSPECTION at LOADING PORT for Chinese Market.



· Seller sends incoterm CIP, but payment at loading port.



All terms, conditions, payment method and procedures contained in the LOI/ICPO MUST BE IN COMPLIANCE WITH THE SELLERS CONDITIONS AND PROCEDURES, OTHERWISE THE ORDER WILL BE REJECTED.



"Prices are Subject to Reconfirmation may change without prior notice”



Validity: FEBRUARY 25, 2023 (Price quotation valid until FEBRUARY 25, 2023.

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