DOMINICAN REPUBLIC BAUXITE ORE:
We have a stock pile of about 100, 000mt +/-by the port ( k1) in addition we have a stock pile of about 1, 000, 000mt +/-by the mine ¨Las Mercedes¨ (k19). Our current mine reserved is about 3.5 million mt +/-…
Price of Bauxite is based on CFR USD48.00 Yantai Port, China.
Quantity Available: 100, 000MT x 12 +/- 10%
Metallurgical Grade Bauxite Specs:
Al2o3: 45% - 47%
Sio2: 5.0% -6.0%
Fe2o3: 20% Max
L.O.I.: 27% - 30%
Free Moisture: 18% Max
Size: 2mm 75mm 90% Min
Trihydrate 90% and monohydrate 10%
Type: Metallurgical Grade Bauxite
PAYMENT TERMS: LC will be issued by the buyer to the Sellers bank Irrevocable, Transferable Letter of Credit at 100% sight, confirmed by BCV (Banque Cantonale Vaudoise) Lausanne, Switzerland