PRODUCT: Bauxite ore in bulk. ORIGIN: Guinea, West Africa SPECIFICATIONS: ANALYSIS PARAMETER TARGET Chemical Al2O3 (total) 44 - 45% SiO2 (total) 3% maximum Fe2O3 25% maximum Moisture 10% maximum sical Size 0-150 mm 98.0% minimum Type Bauxite Tri hydrate Bauxite Export Capacity available per Month: 250,000 DMT +/- Total Quantity: 3,000,000 DMT per Year Contract duration: 12 month, Roll over - Extension option Final Price: US$34 per DMT FOB Payment terms: by Irrevocable Documentary , (non) transferable confirmed, revolving issued by Buyerâs Bank, covering the cost of one month shipment. Procedure: a. Buyer issues LOI. b. Seller issues Draft Contract. c. Buyerâs Bank issues and send by swift, a non-operative to Sellerâs Bank within 48 hours of signing the Final Contract then the now becomes operative. d. First Shipment start in 15 days after the is received by Sellerâs Bank. e. 15000 MT per day loading rate. f. Inspection by SGS Certification of loading. Port of Loading: FOB, Kokaya Port, Boffa., Guinee