SOFT CORPORATE OFFER - COPPER ORE CONCENTRATE
Through this document, I confirm that our company is in the ability to sell and deliver to you, the following commodity:
PRODUCT: Copper Ore concentrated Act 20, with copper concentrate most of (20% Cu 39% Cu) of Act.
TARIF CODE:2603.00.00.00
ORIGIN: PERU
QUANTITY: Initial 2000 Tons (with possibility of extensions 500 Tons month). Month twelve (12) 7500 tons .
SHIPPING TONS
FIRST………….…2.000
SECOND…………2.500
THIRD……………3.000
FOURTH…………3.500
FIFTH…………….4.000
SIXTH…………….4.500
SEVENTH……… 5.000
EIGHTH…………..5.500
NINTH……………6.000
TENTH……………6.500
ELEVENTH……….7.000
TWELVE………..7.500
TOTAL YEAR ………….57.000 TONS
PACKING: Concentrate must be packed in big bags of 1MT, 2MT with hooks for easy movement forklift within 20 FEET CONTAINERS.
CONTRACT TIME: Twelve (12) months, one year with increases and extensions.
PRICE: London Stock Exchange and negotiable discount. (LME).
(FORMULA to a concentrate of 20% Cu).
LME X ( 20 % OF CU )= Y X ( 30% FACTOR DISCOUNT) = Z
CU% LME %Cu Disscount Price USD/TON
Cu 20% 7100 x 20% - 30% = $ 994.00
Cu 21% 7100 x 21% - 29% = $ 1058.61
Cu 22%------7100 x 22% - 28% = $ 1124.64
Cu 23%------7100 x 23% - 27% = $ 1192.09
Cu24%------7100 x 24% - 26% = $ 1260.96
Cu 25%------7100 x 25% - 25% = $ 1331.25
Cu 26%------7100 x 26% - 24% = $ 1402.96
Cu 27%------7100 x 27% - 23% = $ 1476.09
Cu28%------7100 x 28% - 22% = $ 1550.64
Cu 29%------7100 x 29% - 21% = $ 1626.61
Cu 30%------7100 x 30% - 20% = $ 1704.00 Cu
The price per dry metric tonne (dmt) of copper concentrate will be calculated using the following formula:
Cu Price: average 4 prices officials listed on the LME during the period.
SHIPPEMENT: First Shipment will be made within 45 days of acceptance of financial document by the seller's bank.
DELIVERY: INCOTERMS ® 2010 715 /S of the ICC in Paris (FOB) .
CONVENTIONS: The Company is in accordance to the Vienna Convention of April 11, 1980.
PORT OF SHIPMENT: Callao, Peru.
PORT OF DESTINATION: Port Miami – EEUU
NOTE: INCOTERMS 2010 715 / S of the ICC in Paris, understood by FOB ( Free on board).
The company negotiate Incoterms 2010 (FOB) in the following terms:
"It will DELIVERY Copper Ore Concentrate (with unload – in the port origin Puerto Callao Peru) on the Bord of the ship a day fixed by the Carrier and agreed with the customer (Buyer End), specifying the name of the MV - day, month, year and time of DELIVERY ”.
NOTE: This origin Peru Copper Ore concentrate, Have S (Sulphur of Copper).
Copper concentrates are in two forms:
A)Oxides surface layer its concentration is very low (1%Cu……..- 19% Cu).
B)And copper Concentrate: internal porphyry sulfide which is a high concentration, this sulfur is for industrial handling cathodic plate can pull 99.9%with foaming and reagents (( Cu + 20% …..39% Cu) MY COPPER ORE CONCENTRATE ORIGIN PERU))””
PERFORMANCE BOUND : 2%.
PAYMENT: Banks in Peru accept two forms of payment for this kind of Copper Mineral Operations:
A) STANDBY LETTER CREDIT (SBLC) opening for 30 days, and is updated automatically with each new Office. ( Payment in Peru or China )
B) BANK DEPOSIT (CBD) 20% TO 30% of Annual Contract.
C) TT payment in Peru ( Mine).
QUALITY:
Cu 20% average minimum over the entire shipment
As 0.5% max
Cd 0.05% max
Pb 6% max
Hg 0.01% max
F 0.10% max
Ag 120g/dmt (dry metric tons)) max
Au 5g/dmt (dry metric tons)max
Moisture: 8.0% max
Material will be free of radioactivity and pollutants detriments of the refinery process. Otherwise, Buyer shall have the right to refuse the shipment.
PRODUCT INSPECTION: Will be confirmed and certified by SGS International Laboratory or another laboratory certified by the Buyer.
1.-For each port, it will be delivered shipments 2000tons, conditioned to the verification of quality, quantity, and delivery time loaded on the boat.
2. The first shipment will be delivered from 45 days from the release of the payment instrument by the Bank of the Buyer.
The following shipment will be of 2000 tons (with extensions) every 30 days if logistical and climatic conditions so permit, until the end of the contract. A shipment of ore is in the port of Callao (Peru).
3. The payment will be by letter credit or escrow Bank Guarrante the contract, paid at 100% against shipping document in its entirety before boarding (Bill of lading) Guaranteed by a bank of first line.
4. Delivered SGS certificate to sign the contract and for each shipment.
PROCEDURES:
1.- SELLER send( SCO ) requested by the (BUYER OR YOUR BROKER) signed by the Seller`s legal representative + SGS+ PICTURES+ ANALISYS+ MODEL ICPO ENGLISH+ BROUCHURE.
2. - THE BUYER issues ICPO acceptance letter + SBLC with Banking coordinates( with E-mail of Bank Buyer End – Agent bank).
3. – Issue of an draft ( FCO ) to supply copper concentrate grading 20% of law firm THE BUYER signs acceptance of the FCO.
4. - The SELLER issues a draft of the contract, for approval of the BUYER, Signature of Notary supply contract, apostilled.
5. - The BUYER signs and return the draft contract
6. - The SELLER issues the final contract
7. - The BUYER issues (SBCL): for the 100 % of the operation to deliver each month / or 100 % of annual operation .
8. - The SELLER confirms (SBCL) .
9. - BUYER: Funds XXXXXXX verifiable authorization and / or the owner of the mine to the issuing bank for written verification of funds. Basic Information Company ( Chamber of Commerce , Tax - TAX CODE COMPANY - CIF, last balance sheet , copy of passport - DNI- or citizen identification ) .
10. - SELLER : Folder with title and concession operating area , technical certificate issued by SGS Laboratory , with its security roadmap , contract and / or memorandum of Transportation, basic company information ( Chamber of Commerce , RUT , copy of passport or certificate of citizenship ) .
11. - We accept other forms of payment with letter of credit depending on the type of payment instrument to be negotiated by the parties.
12. - Protocol: programming offices and shipping dates (this information delivery to the shipping port) .Shipment of the MV with minimum of 2000 tons per output port Callao.
VERIFICATION PROTOCOL
1. Is scheduled to visit the mine.
2. The buyer once the mine has been verified and logistics, gives the order to the bank to make the transfer of funds, and will be released with the introduction of the policy, BL , shipment confirmation and SGS certificate of quality concentrate copper in the features that have been requested and that the seller is in the ability to supply it. The expenses incurred by the visit to the mine will be MADE by the buyer.
3. If the payment is made ( SBCL ) , this must be issued to the seller , to pay the shipping document in full ( 100 % ) before boarding (Bill of Lading ) called in Spanish Shipping and Guaranteed by a bank of first line , so the same with the ( SBCL ) will pay 100 % Security from Puerto Callao Peru to China Port Stated , attaching your SGS Product Certificate .
4 . The seller issues its related policies, in the same way the buyer. The product is delivered CIF price, you can handle the customs agent at source payable.
The product must be paid at port of Peru.
We are at your disposal for any clarification on the matter.
The business take place in Lima, Peru.
