nguyengroup ltd - need to buy copper ore 10% and up

RFQ Description

Nguyengroup ltdAddress: 05 Nguyen Thuong Hien Str, Hai Ba Trung Dist, Ha Noi, Vietnam Tel: 84-4-*******8 Fax: 84-4-*******6Pham Ngoc MinhTel: *******189Skype:Pnminh83Mail: *******@*****.com: *******@*****.com OF INTENTTO: SUPPLIER,Dear Sir,We, Nguyengroup - a registered corporation in the Socialist Republic of Vietnam with full corporate authority, legal responsibility and under perjury, state that we are ready, willing and able to purchase some ores, with the following terms and conditions:A - COPPER ORE 10% AND UPCOMMODITY: COPPER ORE (Cu)ORIGIN: AnySPECIFICATIONS:Content (%): Cu: 10% and up (reject below 10%, including 10%)As: 0.50% max Pb: 6.00% max F: 0.10% maxCd: 0.05% max Hg: 0.01% max Size of ore: 10mm MAX.Radioactivity: Accord with Chinese standard according to the norm ANSI N42.14-1991.Moisture: Free moisture loss at 105 degree Centigrade shall not exceed 1%.QUANTITY: 100MT for first lot, minimum 2.000MT per month tin futurePACKING LIST: In 50Kg jumbo bag, 23-25 DMT per container.CONTRACT : 12 months contract with rolls and extensionLOADING PORT: Any port in Singapo.or ThailandDESTINATION: CIF Fangcheng port, Guangxi, ChinaPRICE: Quote by seller, need to be confirmed by the two partiesTARGET PRICE:Method: Average value of LME prices duration ten days nearest x content (%) x Factor (%)Detail: A(10days)LME price (USD/MT) x 20% x 50%SHIPPING TERMS: Fangcheng port, Guangxi, ChinaDELIVERY TIME: First shipment to be delivered in November 2010 and within 30 days from the date ofsigning Contract between both parties.SHIPMENT: 100MT for first lot, minimun 1.000MT per month tin furture go toFangcheng port, Guangxi provice, China directly.PAYMENT: L/CLOI VALIDITY: From October 15th, 2010 through November 30th, 2010We wish to do long term and mutually beneficial business to both your esteemed company and ours. Thisrequest is totally FIRM and we are ready to have our first world class bank issues you the Assignment ofProceeds so that we can transact each deal with peace and security.Your attention and immediate processing of this LETTER OF INTENT is greatly appreciated. We lookforward to doing business with your esteemed company.