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    Sco For Fas

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    suntrade.fin
    This document offers Type B thermal coal for sale from Colombia. It offers up to 1.2 million metric tons over 12 months, with shipments of at least 50,000 metric tons. The coal has characteristics including 10% maximum ash content, 0.8% maximum total sulfur, and 6000 kcal/kg net calorific value. The price is $169 per metric ton FAS main port in Colombia until February 2023. The document outlines the standard operation procedure for the transaction.

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    Sco For Fas

    Uploaded by

    suntrade.fin
    37 views3 pages
    This document offers Type B thermal coal for sale from Colombia. It offers up to 1.2 million metric tons over 12 months, with shipments of at least 50,000 metric tons. The coal has characteristics including 10% maximum ash content, 0.8% maximum total sulfur, and 6000 kcal/kg net calorific value. The price is $169 per metric ton FAS main port in Colombia until February 2023. The document outlines the standard operation procedure for the transaction.

    Original Description:

    Oferta en FAS

    Original Title

    SCO FOR FAS

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    This document offers Type B thermal coal for sale from Colombia. It offers up to 1.2 million metric tons over 12 months, with shipments of at least 50,000 metric tons. The coal has characteristics including 10% maximum ash content, 0.8% maximum total sulfur, and 6000 kcal/kg net calorific value. The price is $169 per metric ton FAS main port in Colombia until February 2023. The document outlines the standard operation procedure for the transaction.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    37 views3 pages

    Sco For Fas

    Uploaded by

    suntrade.fin
    This document offers Type B thermal coal for sale from Colombia. It offers up to 1.2 million metric tons over 12 months, with shipments of at least 50,000 metric tons. The coal has characteristics including 10% maximum ash content, 0.8% maximum total sulfur, and 6000 kcal/kg net calorific value. The price is $169 per metric ton FAS main port in Colombia until February 2023. The document outlines the standard operation procedure for the transaction.

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    TYPE B THERMAL COAL OFFER

    SOFT CORPORATE OFFER

    From: ECOSUPPLY S.A.


    To: MISTIBET S.A.
    EIBAR CABALLERO, CEO
    Via: César González

    Hereby, we offer TYPE B THERMAL COAL for sale to be extracted (not immediately ready for
    delivery) from Colombia, from our associate mines, with the following characteristics.

    Commodity: Type B thermal COAL.


    Quantity: Up to 1,200,000 MT in 12 months with shipments of 50.000 MT or larger, leading
    time for first delivery WITHIN 70 days after financial instrument
    is received & operational in the Sellers Bank.
    • Agreement time: UP TO 60 months.
    • First delivery: April 2023 if Bank Guarantee is operative in
    February, 2023
    • Ports of delivery: Puerto Nuevo / Brisa, Colombia (TBA)
    • Incoterms: FAS Main port Colombia
    • Payment method: SBLC (MT760) transferable, divisible,
    callable, cash backed for 360+1 days + TT (MT103); Face
    Value of the Instrument should be the value of 50.000 MT.
    • Documents available through the process: Mine Tittle, RUCOM, location map, fresh
    SGS, Mine technical & reserves reports, visit to the mine place.
    Price
    • US$169 per MT FAS Colombia.
    (Valid until 28/02/2023)
    TYPE B THERMAL COAL OFFER
    SOFT CORPORATE OFFER

    Standard Operation Procedure (SOP).


    1. THE SELLER sends formal SCO and the coal technical sheet.
    2. NCNDA From Mandate to Mandate, and between seller & buyer
    3. THE BUYER: Sends a BANK RWA (For the amount requested for SBLC) to the seller
    mentioning that accept the technical specs of the coal offered according to the
    technical sheet and SOP.

    4. THE SELLER: Sends a FCO with prices, delivery schedule and verbiage required for
    payment instrument and SGS certificate.

    5. THE BUYER signs the FCO for the acceptance of the conditions and terms and attaches
    send the ICPO (including CIS & Registration certificate) to THE SELLER.

    6. THE SELLER sends the SPA draft to Buyer for review

    7. THE BUYER AND SELLER discuss any modification of the sales contract UNTIL the last
    draft is approved and the party’s sign.

    8. THE SELLER will issue proforma invoice for the buyer to sign and return. This contract
    between the buyer and the seller will be presented to the banks.

    9. The Buyer´s issue the operational Stand By Letter of Credit (SBLC/MT 760).

    10. Once the SBLC is operative the vessel is nominated (LAYCAN) and the Seller confirms
    with Port Authorities, and informs the Buyer the Logistics details.

    11. The shipping procedure begins after received & operational the financial Instrument at
    the Seller's bank.

    12. The Buyer pays according to the payment terms stated in the SPA.
    TYPE B THERMAL COAL OFFER
    SOFT CORPORATE OFFER

    REFERENCE TECHNICAL DATA SHEET

    Grade Basis Typical Rejection

    Size (0-50 mm) 0.50 mm


    Inherent moisture (ADB) As analyzed -
    Total moisture ( ARB) 12 % max. above 12 %
    Ash (ADB) 10 % max. above 10 %
    Total sulphur (ADB) 0,8 % max. above 1,0 %
    Volatile matter (DAF ADB) 38 % max. above 38 %
    Net Calorific Value (ARB ), NCV 6000 kcal/kg below 5800 kcal/kg
    Content of elements, %:
    Phosphorus (DB) 0,15 max > 0,15
    Chlorine (DB) 0.03% > 0,05%
    Fluorine (DB) 60 ppm > 80 ppm
    Mercury (DB) 0,004 ppm (ARB) no more > 0,004 ppm (ARB)
    Arsenic (DB) 0,26 ppm (ARB) no more > 0,26 ppm (ARB)
    Ash fusibility, o C Reducing
    Initial deformation Softening Temperature, o C 1230 > 1230
    Softening Temperature, o C 1280 > 1280
    Hemispherical Temperature, oC 1380 max > 1395
    Hard grove Index (HGI) 46 > 44
    Free Swelling Index (FCI) 2 <2

    Best regards,

    Nicolai Guerrero Díaz

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