Origin:egypt,mexico,indonesia
all Fe
Buyer sends Letter of Intent LOI;
Seller issued FCO in favor of the buyer;
Buyer issued ICPO with soft probe permission according Seller conditions
written in FCO;
Seller verifies Buyer ICPO through Seller Bank and sends NCNDA and
IMFPA.
Buyer signs and seals NCNDA and IMFPA and return to Seller;
Seller would release draft contract to Buyer.
Contract negotiation begins over emails between Buyer and Seller;
Final draft contract sign electronically by both sides - Buyer and Seller;
Mine site visit would be arrange within 1-2 days after the final contract is
signed and sealed if requested by the end buyer;
Within seven (7) banking days the Buyers bank sends the non-operative, non-
transferable Documentary Letter of Credit;
PRODUCT: Lithium ( spodumene)
ORIGIN: Nigeria
QUANTITY: Trial Shipment l,000MT within 35 days after received LC, Monthly shipment up to
30,000MT
PRICE CIF CHINA:
Grade 5.0% - 5.499% price shall be paid at US$460/metric ton
Grade 5.5%- 5.999% price shall be paid at US$510/metric ton
Grade 6.0%- 6.499% price shall be paid at U560/metric ton
Grade 6.5%- 6.99% price shall be paid at US$610/metric ton
Grade 7.0%- 7.499% price shall be paid at US$660/metric ton
Grade 7.5% - 7.99% Price shall be paid at US$710/metric ton
Grade 8.0% - 8.499% price shall be paid at US$760/metric ton
Grade 8.5% - 8.999% price shall be paid at US$810/metric ton
2
Grade 9.00% and above price shall be paid at US$860/metric ton
QUALITY: Li: 9% BASIS WITH 5% MIN (rejection below 4%)
PHYSICAL SIZE: 0 - l00MM 90% MIN
(If buyer requires crushing to smaller size then it would require a little higher price)
PACKING: Containers loaded in bulk, or in bulk vessel shipment.
SHIPMENT: 35 days maximum after received of irrevocable confirmed Letter
of Credit
PORT OF LOADING: Apapa port Lagos, Nigeria
PORT OF DESTINATION: CIF China Port.
INSPECTION: CCIC International (CCIC International is a Chinese Inspection
Institution)
90 % PAID AT LOADING PORT TO MINER WITH CCIC INSPECTION PAID
BY MINER
10% AT UNLOADING PORT WITH CCIC INSPECTION PAID BY BUYER
TERM OF PAYMENT*: By 100% Non-Transferable, Irrevocable confirmed Documentary
Letter of Credit from a prime bank payable at sight for 90% pro
visional (Bill of lading, invoice, packing list, Q and Q) at origin port and 10% at destination. port
PROCEDURES:
LITHIUM ORE exportation Procedure*
THE PROCESS BEGINS WITH DIRECT BUYER TO ISSUE A LETTER OF INTENT WITH
THEIR BANKING ON IT TO:
MR. ....
NIGERIA GRW AGENCY
4, NURUDEEN STREET, OFF AKINREMI STREET, ANIFOWOSHE,
IKEJA, LAGOS,
NIGERIA.
NOTE:
(1) THE LC WILL GO TO THE DIRECT MINER
(2) GRW HAS A SIGNED AND SEALED MARKETING CONTRACT WITH THE MINER TO HANDLE
THE MARKETING OF THE MINEâ??S ORES
(3) BUYER CAN BE AT LOADING
3
Then the following is the rest of the procedure:
1. Buyer and Seller Sign Contract.
2. Buyer issues LC draft, and seller issue 2% PB draft
3. Seller confirms LC draft, and Buyer confirms 2% PB draft
4. Buyer issues his irrevocable non-operative Letter of Credit at sight in
favor of the seller. (It will be the direct miner)
5. The Seller issues a performance guarantee (2%PB) in favor of the buyer
to activate the Letter of Credit.
6. Shipment commences as per agreement.
7. Seller summits documents
Zinc is a bluish-white, lustrous metal. It is brittle at ambient temperatures but is
malleable at 100 to 150C. It is a reasonable conductor of electricity, and burns in air
at high red heat with evolution of white clouds of the oxide. Plating thin layers of zinc
on to iron or steel is known as galvanizing and helps to protect the iron from corrosion.
Zinc Ash - Zn min. 62%
Packing: 1MT Jumbo bags or loose into container
Inspection: 3rd party at loading (SGS/ CCIC)
Meets the requirements of:
BMW LL-04
GM DEXOS 2
RN0700/0710
MB 229.51/31/226.5
Specifications:
API SN/CF
ACEA C2/C3
TECHNOL PLATINUM 5W-30 is a new generation of Low SAPS (low content in Sulphated Ash, Phosphorus, and Sulphur) engine oil specifically formulated to meet the technical requirements of gasoline and diesel engines of new vehicle models. Its Low SAPS technology makes it the lubricant of choice for optimal operation of engines of the latest generation, equipped with anti-pollutant devices. This engine oil ensures the optimal functioning of three-way catalytic converters and particulate filters and compliance with performance levels declared by vehicle manufacturers, and Euro V environmental standards. Its excellent resistance to temperature variations guarantees the longevity of engine parts and optimal performance under all circumstances.
Meets the requirements of:
Cummins CES 20081
MB 228.31/228.51
MAN M3677/3477/3575/3271-1
Volvo VDS-4
RVI RLD-3/RLD-2
JASO DH-2
MACK EO-N Premium Plus
MACK EO-O Premium Plus
CAT ECF-3
Detroit Diesel 93K218
MTU Oil Category 3.1/2.1
Deutz DQC-IV-10 LA
Scania LA
Scania LDF-4
Voith Class B / MB 235.28
Specifications:
API CJ-4
ACEA 2016 E4/E6/E7/E9
TECHNOL POWER LD 10W-40 is a synthetic technology engine oil that has been formulated to satisfy the most stringent requirements of on-road trucks with heavy duty diesel engines. It is also suitable for use in most gasoline engines. This engine oil protects diesel engines equipped with post-treatment systems, such as diesel particulate filters (DPF), thanks to its specific Low SAPS technology (low content in Sulphated Ash, Phosphorus, and Sulphur). This engine oil provides outstanding resistance to oxidation and corrosion, contains detergents and dispersants that keep the engine clean and possesses antirust, and antiwear properties. Its high viscosity index and thermal stability ensure proper lubrication of moving components of the engine under most severe operating conditions. With its extended drain intervals, use of this engine oil helps reduce maintenance costs. It is recommended for use in Euro 4 and Euro 5 engines of most manufacturers.
