Saturday, January 12, 2008

Nonferrous metal offer - Copper cathodes

Validity until January 31, 2008

1. COMMODITY: COPPER CATHODES, GRADE A PURITY, LME Registered

2. SPECIFICATIONS
1) Specification: BS EN 1978:1998 and ASTM B115-95 Standards.
• Certification: LME registered.
• Dimensions and packaging:
o Cathode dimensions: approx. 1000 x 1000 x 5 mm
o Weight: approx. 40 kg.
o Bundles piece count: approx. 65 cathodes, weight: approx. 2,500 kg;
dimensions: approx.1000 x 1000 x 670 mm
o Bands: 4 (2+2)
o Labeling: bundle number, weight, production date, brand and bar code.

2) Chemical Data
LME brand meets or exceeds the following chemical specification (ppm):
Zn……..< 1 Cr……..< 1
S……….< 8 Pb……..< 3
Fe……..< 3 Sb……..< 1
As……..< 1 Mn……..< 1
Se……..< 1 Bi………< 0.5
Ni………< 1 Si………< 1
Cd……..< 1 P……….< 1
Sn……..< 1 Co < 1
Ag……..< 1 Te < 1
Cu……..≥ 99.99%

3. ORIGIN: Republic of Chile.

4. VESSEL DISCHARGE: In accordance with the terms and conditions as in the time charter party agreement.

5. SHIPPING: Shall begin thirty to forty (30-40) days or better after receipt andconfirmation of an operative financial instrument acceptable to the Seller:
• Deliveries: 1.000 MT every month.
• Total Quantity: Under Contract 12,000 MT

6. PRODUCT PRICE & INCOTERMS
Price: LME Cash Seller & Settlement + Premium USD$300.00 (Three Hundred USD)/MT
• Inconterms: CIF (ASWP).

7. DESTINATION PORT: Non USA sanctioned port with a min. un-load rate of two thousand (2,000) MT (Metric Tons), Ports and countries that the US Government has not placed trade restrictions against for US Citizen and companies. A list of countries the US Government has placed trade restrictions are found at the following web site:http://www.treas.gov/offices/eotffc/ofac/sanctionns/index.html

8. SCHEDULE: The shipment schedule for the total contract quantity of different metric tons is subject to mutual agreement between the Buyer and the Seller. Shipment schedule will be duly signed and stamped by both the Seller and the Buyer and will be appended to the sales and purchase contract.

9. TERMS OF PAYMENT
The LC will be LME price (Cash Seller & Settlement) per MT+ PREMIUM USD$300.00 (Three Hundred dollars).
• The price of the LME will be calculated according on the average price of the last month and before the date of issue of the LC+10%. The LC must be in US Dollars by Automatic Revolving Documentary Letter of Credit, with full Bank assurance. This instrument irrevocable,Transferable, Confirmed, documentary, and Revolving. It shall be fully funded, payable at sight and shall be issued or endorsed by class A Bank that it is acceptable to the seller.
• This Financial instrument will be issued as an active LC and will be the instrument for delivery. Before the payment instrument is transferred to our account, the text of the payment instrument must be reviewed and approved by our representatives. The LC documents shall be negotiable and payable at the Seller’s Bank.
• Seller’s Bank. Letter of Credit opening Bank shall allow an additional confirmation by any Bank at the expense of the Buyer’s side.
• All Bank cost involving this transaction shall be at the expense of the buyer.
• Irrevocable, Transferable, DLC issued by Buyer’s Bank below 100% paid at sight.

10. INSURANCE: 110% of the CIF value of the shipments.

11. WEIGHT AND QUALITY AN INSPECTION:
• Société Générale de Surveillance (SGS or similar) at Buyer’s cost shall inspect commodity at the place of loading. “SGS” shall issue an inspection certificate of quality and quantity of each the shipments and produce a certificate compliance.

12. DOCUMENTS
• Commercial Invoice, 3 originals and 2 copies
• Packing List, 3 originals and 2 copies
• 3/3 Full Set of Ocean on Board ocean bill of Landing made out to order of issuing Bank marked “Freight “Pre-Paid” and notify applicant
• Mill Certificate
• Certificate of Origin issued by/or endorsed by the Chamber of Commerce of Country of Origin.
• Insurance policy

13. PENALTY: The Buyer agrees to open the LC according to the payment schedule within 10 (ten) days after signing of the final contract. If by any reason the Buyer doesn’t take the quantities agreed in the contract or doesn’t open the LC in time, the contract may be cancelled at Seller’s option.
NOTES:
• The buyer shall be solely and fully responsible for paying all taxes, levies, import permissions or permits imposed by the country of destination or required to ship to the Country of destination.
• Buyer must have all import permissions and permits in writing, and copy sent to the Seller. The Buyer bears the sole responsibility of securing all permits, licenses or any other documents required by the Government of the importing nation. Seller has no responsibility to provide such documentation.
• Buyer will bear all cost associated with securing such documents and will also bear all cost and penalties if such documents are not secured and in no case shall the Seller be held liable for missing or improper documentation.The Buyer is required to provide shipping based on INCONTERMS 2000.
Please inform:
• General presentation of the Company
• A brief description of productions process, and main market for your products, if apply.
• Bank and Commercial references