From: www.australia-brazil-china-india-iron-ore-bulk-vessel-ship-shipping.com

Dear sales and offer and export iron ore group company CEO,G.Manager:
About open Non-Operative Letter of Credit

Although the 'non-operative L/C' is a financial instrument readily available in major centers to facilitate settlement of international trades; however, it is not available in China to importers. All L/Cs attract an L/C opening charge of around 0.15%, non-refundable. All L/Cs are 'operative' once opened.

Unless an importer is able to arrange for an non-operative L/C to be opened by an international bank in HongKong, iron ore suppliers must accept an alternative instrument, Notice of L/C Issuance, which is the Pre-Advice issued by the buyer's bank to the seller's bank, confirming that it is funding the L/C, upon receipt of the seller's Performance Bond (PB). Therefore, the Notice of L/C Issuance functions much like a non-operative L/C. Instead of 'activating' the non-operative L/C, the PB 'triggers' the Operative L/C.

Failure to appreciate the limitation of the Chinese banking system in international trade settlements would only result in futille lengthy negotiations leading nowhere. On the other hand, innovative thinking by all parties to a transaction would produce a fruitful outcome without sacrificing reasonable financial protection.

Wishing all many successful business outcomes in China!
Best regards

what's CVRD?

巴西铁矿砂报 价 (2亿吨/年进口报 iron ore import to china newspaper) 巴西铁矿石报 价 (200,000,000MT per year export to china main port;all china iron steel factory group wanted ti import iron ore)

全世界铁矿砂界，全球铁矿石界的贸易商人们来评理，并需要业务时加以防范：
案例： 2004年，3月 20日华企投资公司陈总裁委托其代表朱国庆携带邯郸钢铁集团公司进出口公司的书面委托书+LOI等乘飞机来上海，要求我公司在全球寻找铁矿砂，铁矿石粉矿资源；一需要求购；二需要去投资或合资，朱并代表其公司与我公司签订中介有偿*(3RMB/MT)服务协议书若干； 我公司业务人员经与全世界各供货商展开业务洽谈： 我业务人员与巴西上海总领事及朱首席译官等进行了委托； 有上海OFFICE*CVRD的（黄）（照）（木呈）先生(台湾人种)给我公司不少于5-8个电话，讯问：1---是谁家需要货？2---是谁家想去巴西投资矿？。。。 考虑到信任他，我方如实向他告知详情。 可是：4月，20日，黄先生却与他的头悄然去了邯郸钢厂，号称68-66USD/MT CNF 向邯郸钢厂供货； 又闻《中国冶金报》本年报道：CVRD已与邯郸钢厂签了几年的买卖合同，每年销售量近10，000，000MT； 我们却被甩开了，这是今年本行业最大的丑闻吧？！证人有邯郸钢厂进出口公司的高金龙等,证人还有：陈红梅小姐，巴西瑞吉祥先生及他的老板；

chensihong@chensihong.org / chensihong@cableplus.com.cn /

chensihong@chensihong.com.br / chensihong@chensihong.net.au / chensihong@chensihong.com.in / chensihong@chensihong.net.cl / ----- 根据华企投资公司陈总裁的命令:以朱国庆为总裁的其下级公司由于邯郸钢铁集团公司+CVRD的过路拆桥及其7年铁矿石买卖合同=9,850,000MT*7YEAR ;按华企投资公司及下级公司与斯红工贸有限公司中介佣金协议书,到2011年12月31日,华企及下级将欠我公司佣金196,850,000RMB=1亿9千6百8拾5万元RMB,届时欢迎美国律师事务所,巴西律师事务所,中国律师事务所及全世界律师事务所法律支援我们或合伙诉讼他们!!!

Supply of Iron Ore from Australia on a Long Term Basis
chensihong@chensihong.org
Our group in Australia Geoff are working on a massive Iron Ore Project and
we are investing a little over Australian Dollars Two Hundred Million - our mines are located near A**** S****** in the Northern Territory and from there we will be trucking it to A**** S****** which is about 100 Km's from where our mines are located - from A**** S****** we will taking the cargo by rail to D***** Port. Our mining opertions will be fully mechanised.
We are talking to the Port Authorities in D***** Port in Australia for strengthening the Infra structure over there. We will be building the complete rail road project upto D***** as well - we expect to commence operations on this project by February/March 2005 (since we have just tied up the finances) We also plan to put up a beneficiation plant to upgrade the ore upto 64.50% - we envisage to have Iron Ore after beneficiation between 62 to 64% of Fe constantly.It is expected that the Mines + all logisitics will be ready in about 17 months from February 2005 and another 7 months for completion of the Beneficiation Plant - the reserves are huge in the order of 401 Million MT's and more (at the most conservative level) and all licences are in place right now. Initially commencing within about 24 months from February 2005 we plan to ship out of D***** Port annually a minimum of 2.01 Million MT's and gradually increase the quantities in a phased manner as per the requirements of our buyer without affecting the logistics involved and neither do we want to congest the Port at any point of time.
The Draft in D***** Port is good and about > 13 Mt's and big cape vessels can also come in.
We plan to export the Iron Ore only on FOB Basis.
you are looking for supplies of Australian Iron Ore on a regular basis.
Hence at this point of time if you are interested without any financial obligation from your end -
we would like to tie up a long term contract with your organisation to pick up our Iron Ore out of D***** Port in Australia on FOB Basis and on a regular basis - for the next 15 years from the time
we commence our operations and are ready to load from D***** Port. However, we can arrive at the
Price finalisation between us at the time when shipments are ready to commence. We will sell the Iron Ore at that time when we are ready only on a Fully Funded Irrevocable Letter of Credit which will be revolving equivalent to one months shipment value, opened from a Top Prime World Bank.
If this is agreeable to you please get in touch with us(www.chensihong.org) and we can proceed further very very quickly with the paper work to reassure both of ourselves - that you have a constant source for supply of Australian Iron Ore for a minimum period of 15 years which can be renewed on a mutual basis and we are also comfortable that at the last minute we do not have to go and tie up for buyers.
Look forward to hearing from you.
Best Regards
chensihong@cableplus.com.cn ;

chensihong@chensihong.org
invest Australia iron mine
www.chensihong.org

Supply of Iron Ore from Australia on a Long Term Basis
chensihong@chensihong.org
Our group in Australia Geoff are working on a massive Iron Ore Project and
we are investing a little over Australian Dollars Two Hundred Million - our mines are located near A**** S****** in the Northern Territory and from there we will be trucking it to A**** S****** which is about 100 Km's from where our mines are located - from A**** S****** we will taking the cargo by rail to D***** Port. Our mining opertions will be fully mechanised.
We are talking to the Port Authorities in D***** Port in Australia for strengthening the Infra structure over there. We will be building the complete rail road project upto D***** as well - we expect to commence operations on this project by February/March 2005 (since we have just tied up the finances) We also plan to put up a beneficiation plant to upgrade the ore upto 64.50% - we envisage to have Iron Ore after beneficiation between 62 to 64% of Fe constantly.It is expected that the Mines + all logisitics will be ready in about 17 months from February 2005 and another 7 months for completion of the Beneficiation Plant - the reserves are huge in the order of 401 Million MT's and more (at the most conservative level) and all licences are in place right now. Initially commencing within about 24 months from February 2005 we plan to ship out of D***** Port annually a minimum of 2.01 Million MT's and gradually increase the quantities in a phased manner as per the requirements of our buyer without affecting the logistics involved and neither do we want to congest the Port at any point of time.
The Draft in D***** Port is good and about > 13 Mt's and big cape vessels can also come in.
We plan to export the Iron Ore only on FOB Basis.
you are looking for supplies of Australian Iron Ore on a regular basis.
Hence at this point of time if you are interested without any financial obligation from your end -
we would like to tie up a long term contract with your organisation to pick up our Iron Ore out of D***** Port in Australia on FOB Basis and on a regular basis - for the next 15 years from the time
we commence our operations and are ready to load from D***** Port. However, we can arrive at the
Price finalisation between us at the time when shipments are ready to commence. We will sell the Iron Ore at that time when we are ready only on a Fully Funded Irrevocable Letter of Credit which will be revolving equivalent to one months shipment value, opened from a Top Prime World Bank.
If this is agreeable to you please get in touch with us(www.chensihong.org) and we can proceed further very very quickly with the paper work to reassure both of ourselves - that you have a constant source for supply of Australian Iron Ore for a minimum period of 15 years which can be renewed on a mutual basis and we are also comfortable that at the last minute we do not have to go and tie up for buyers.
Look forward to hearing from you.
Best Regards
chensihong@cableplus.com.cn ;
for Iron Ore - australia iron mine invest
chensihong@chensihong.org

www.chensihong.org

chensihong@cableplus.com.cn;
chensihong@chensihong.org;
fax 0086-21-56069484/62769182/
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出境游报 价/
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出境旅游报 价/
和平国旅*CHEN Mr.
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新加坡+马来西亚:4400RMB/人;
韩国4N5D=汉城+釜山+济洲:4200RMB/人;
韩国雪岳山4N5D:3600RMB/人;
泰国5N6D:3100RMB/人;
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chensihong@cableplus.com.cn;
chensihong@chensihong.org;
fax 0086-21-56069484/62769182/

chensihong@cableplus.com.cn;
chensihong@chensihong.org;
fax 0086-21-56069484/62769182/
出国游价格报 价/
出境游报 价/
出国旅游报 价/
出境旅游报 价/
和平国旅*CHEN Mr.
-------------------
港澳=香港+澳门一段直飞:2200RMB/人;
泰国+新加坡+马来西亚:4400RMB/人;
新加坡+马来西亚:4400RMB/人;
韩国4N5D=汉城+釜山+济洲:4200RMB/人;
---------------------
chensihong@cableplus.com.cn;
chensihong@chensihong.org;
fax 0086-21-56069484/62769182/