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Product Description

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We are direct sellers of Indonesian Steam Coal and Iron Ore. We can provide up to 1,**0,**0 MT Steam Coal from 4 mines.

Please forward your requirements

1. Grade of Coal needed. We only deal in GCV

2. Quantity

3. FOB / CIF and Port of Discharge

4. Mode of Payment

PROCEDURE

Step 1:  Buyer sends a Letter of Intent (LOI) to the Seller

Step 2:  Seller produces a corporate offer to the Buyer with details for the commodity transaction.

Step 3: Buyer issues a BANK ENDORSED Irrevocable Corporate Purchase Order (ICPO), Bank Confirmation Letter or other proof of funds for amount specified in LOI.

Step 4: Upon receipt of the POF, the Seller will issue a draft contract.

Step 5: Buyer and Seller exchange the signed contract via electronic mail, which shall be deemed legally binding and enforceable. The contracts are registered in the Seller’s and Buyer’s banks within two (2) banking days after their signing. Seller to issue partial Proof of Product.

Step 6: Seller and Buyer meet to sign hard copies of the contract. Seller's provides the official proof-of-product documents including but not limited to Mine Ownership documents.

Step 7: The Buyer’s Bank issues the LC by Swift to Seller’s Bank.

Step 8: Seller/Seller's Bank posts Non-Operative Performance Bond equal to 2% after receiving the DLC of the value of one (1) month of shipments or of the spot allocation, totalling of the Product at the contract price.

Step 9: Shipment Commences

Step *0: Buyer’s Bank issues a Conditional MT**3/*3 (TT after SGS inspection at loading/discharge port within 5 days).

We only deal with genuine buyers. If you can adhere to the above steps, we are ready to deal immediately.

GCV ***0 ***0 FOB MV LC USD*2 / MT

GCV ***0 ***0 FOB MV LC USD*7/MT

FE *2% *0% FOB MV LC USD*5/MT