www.chensihong.org/
chensihong@chensihong.org/
chensihong@cableplus.com.cn/
LETTER OF INTENT
IRREVOCABLE CORPORATE PURCHASE ORDER
I, the undersigned (Buyers Name), hereby declare
and confirm that we are ready, willing and able to purchase the
commodity as per specifications and in the quantity and for the price as
specified in the terms and conditions as hereinafter set forth. This
representation is made with full corporate authority and responsibility
of the above.
Product: Iron Ore fines with Fe
64.5%, rejection below Fe 63.0%
Quantity: 80,000
Metric Tons / Month (two shipments of 40,000MT in a month)
Contract period: March/2005 shipments (or the
buyer can buy April¡¯s shipment too, it is up to him)
Price: USD $ 44.30 / MT
INCOTERMS: FOB
Destination(s):
SPECIFICATION:
¡¤ Fe 64,5%
, rejection below 63,0%
¡¤ SiO2 < 4,0 %
¡¤ Al2O3 < 1,25%
¡¤ P <
0,04%
¡¤ S < 0,025%
¡¤
Na2O < 0,30%
¡¤ MgO < 1,50%
¡¤ CaO < 0,04%
¡¤ K2O <
0,006%
¡¤ Mn < 0,05%
Origin: Brazil Bresil Brasil Brazilian Bresilian
Brasilian
Payment: Fully Funded Documentary
Letter of Credit (FFDL/C), Transferable,
First
Line Bank 100% at sight.
Inspection: SGS at
Seller¡¯s Expense
Shipping: first shipment on 6th
of March, second on 25th of March.
Performance
Bond: 2% by seller¡¯s bank in favour of the buyer. (Internationally
accepted)
Packing Required: BULK
Documents: At both side¡¯s choice
Loading: FOB terms
Discharge: All costs at the port of discharge for
the account of the buyer.
Special Conditions:
This letter of Intent / R.W.A. is subject to final approval and
agreement by both seller and Buyer and all the terms and conditions
herein as well as the subsequent Contract of Sale including any
amendments or variations thereof, all of which has to be reduced in
writing and signed by both parties hereto.
Buyer¡¯s Information:
Name
of the Company: ________________________________
Contact Person:
______________________________________
Address:
____________________________________________
Tel.
Office: __________________________________________
Fax Office:
__________________________________________
E-mail
address: __________________@___________________
Postcode: _____
Website:
http://________________________
Buyer¡¯s Bank
Information:
Name:
________________________________________________
Branch Code:
________________________________________________
Full Address:
_________________________________________________
Account Number:
_________________________________________________
Account Name (Holder):
_________________________________________________
Bank Officer:
________________________________________________
Tel. Number:
_________________________________________________
Fax Number:
_________________________________________________
Email:
________________________________________________
SWIFT No.:
______________________________________________
Country:
________________________________________________
We authorize the holder of this document to
perform a soft probe on the above mentioned bank account.
Seal:
___________________________________
Buyer¡¯s Authorised Signature (Date)
(Signatory¡¯s Full Name)
-----------------------------------
sihong I & T Co.,Ltd
www.chensihong.org/
chensihong@chensihong.org/
chensihong@cableplus.com.cn/
LETTER OF INTENT
