We are commodity brokers representing major mine supplier&＃39;s in Southern Africa. We represent suppliers of: Coal(Cooking coal; steam coal etc); mineral ore (iron, manganese, nickel, chrome in Southern Africa.. Product : Coal -Net Calorific Value (ARB) Kcal/kg 55,00minNet Calorific Value ARB 5500 kcal/kg minTotal Moisture ARB 12% - 16%Inherent Moisture ADB 8% - 12%Ash ADB 8% - 15%Volatile Matter ADB 37% - 42%Total Sulfur ADB <=1.0%HGI 42 - 50 Index PointSize 0-50mm >=90%Ash Fusion Temperature >=1250C, Rejection <1180C ). Supply capacity : 50,000MTmin /month-500,000MT/month Price indition : C& F FOB USD 118$ -125 /MT(At present)Procedure:All prospectivr buyers must initiate any prospective purchase with an appropraite LOI.Terms of payment : Non-transferable BLC or BG. Buyer pays 100% by TTM after which buyer takes B/L and CIQ report at the destination port. Inspection : SGS and CIQ. Transaction takes place on FOB basis RBI (Richardsbay Index) + 3.5%. Seller&＃39;s Procedures: 1. Seller offer FCO to buyer . 2. Buyer issues ICPO to seller. 3. Seller issues FCO to Buyer, Buyer sign FCO and foward BLC to seller. 4. Seller issues draft contract to buyer. Buyer scrutinize draft contract and where applicable brings amendments whereafter Buyer sends the amended draft contract back to seller. Both parties seal and conclude via contract signature.5. Seller and buyer lodge the contract in each party&＃39;s bank. 6. Buyer issues POF (MT799) to seller to confirm. 7. Seller&＃39;s bank issue non-operative 2% performance bond to buyer&＃39;s bank. 8. Buyer&＃39;s bank issues BLC or BG to activate seller&＃39;s 2%PB. 9. Seller provides the full POP to buyer. 10. Seller commences delivery according to agreed shipment schedules with reputable shipping line. 11. Buyer pays 100% T/T after CIQ inspection at the destination port. We are looking foward to doing business with you!