SELLING COPPER CONCENTRATE ؟

SELLING COPPER CONCENTRATE
NATIONAL IRANNIAN COPPER INDUSTRIES COMPANY NICICO THE MAJOR PRODUCER OF COPPER PRODUCTS IN IRAN INTENDS TO SELL COPPER CONCENTRATE AS PER FOLLOWING TERMS & CONDITIONS
NOTE: ATTENDEAS WHO MENTION THE NAME OF THEIR COMPARNY IN DETAILS INCLUDING TEL FAX AND EMAIL ADDRESS ONCE SENDING THEIR OFFERS THROUGH EMAIL WILL BE CONSIDERED AS PARTICIPANTS OF OUR TENDER OTHERWISE WE ARE NOT ABLE TO RECOGMIZE THEM JUST BY THEIR EMAIL ADDRESS THE EMAIL ADDRESSES THROUGH WHICH THE HOTMAIL OR ONY OTHER PERSONAL OR GENERAL EMAIL ADDRESSES ARE NOT ACCEPTED AT ALL
QUALITY: NICICOS COPPER CONCENTRATE
QUALITY: 20.000 MT +/-5% SELLERS OPTION
TYPICAL ASSAY: TYPICAL ASSAY OF COPPER CONCENTRATE AS PER BELOW
SHIPMENT IN THE 3RD QUARTER OF 2016 IN ONE LOT THE EXACT MONTH OF SHIPMENT WILL BE MUTUALLY AGREED PRIOR CONTRACT SETTLEMENT
PARTIAL SHIPMENT NOT ALLOWED
DELIVERY FOB BANDAR ABBAS IRAN
QUOTATIONAL PERIOD: QUOTATIONAL PERIOD FOR ALL PAYABEL METALS COPPER GOLD AND SILVER SHALL BE SECIOND MONTH FOLLOWING THE MONTH OF ACTUAL SHIPMENT FROM THE PORT OF LOADING AS EVIDENCED BY BL DATE MOAS+2
PRICE TERMS
COPPER
96.5% OF FINAL COPPER CONTENT SUBJECT TO A DEDUCTION OF ONE UNIT SHALL BE PAIND FOR GRADE A OFFICIAL LME COPPER SETTLEMENT QUOTATIONS AS PUBILSHED IN THE LONDON METAL BULLETIN AVERAGED OVER THE QUOTATIONAL PERIOD
SILVER
IF FINAL AG CONTENT IS LESS THAN 30GRAM/DMT THEN NO PAYMENT SHALL BE MADE IF FINAL AG CONTENT IS EQUAL OR GREATER THAN 30/G/T PAYMENT IS 90% OF THE TOTAL CONTENT AND PAY FOR THE LONDON SPOT QUOTATION FOR SILVER AS PUBILSHED IN THE LONDON METAL BULLETIN AVERAGE OVER THE QUOTATIONAL PERIOD
GOLD
IF THE GOLD CONTENT AS PER FINAL ASSAY IS LESS THAN 1 GRAM /DMT THEN NO PAYMETN SHALL BE MADE IF FINAL AU CONTENT IS EQUAL GREATER THAN 1 G/T PAYMENT WILL BE 90% OF THE TOTAL CONTENT AND PAY AT THE MAAN OF THE LONDON AM/PM GOLD QUOTATIONS AS PUBILSHED IN THE LONDON METAL BULLETIN AVERAGED OVER THE QUOTATIONAL PERIOD
WEIGHING / SAMPLING / MOISTURE DETERMINATION THESE OPERATIONS SHALL BE CARRIED OUT AT THE LOAD PORT AND WILL BE INSPECTED BY AN INTERNTIONALLY RECOGNIZED INSPECTION COMPANY APPOINTED BY SELLER / BUYER CONJOINTLY DURING LOADING THE MATERIAL TO THE VESSEL
THE FINAL WEIGHT WILL BE DETERMINED BY DRAFT SURVEY AT LOAD PORT MENTIONED ON BILL OF LADING AND SHALL BE FINAL FOR SETTLEMENT
THE COST OF THE INSPECTION COMPANY WILL SHARED EQUALLY BETWEEN SELLER & BUYER
THE MOISTURE DETERMINED BY THE INSPECTION COMPANY AT LOAT PORT SHALL BE FINAL FOR SETTLEMENT
SAMPLING SHALL BE MADE AT THE LOAD PORT IN LOTS OF ABOUT 500 WMT AND EACH SAMPLE MUST HAVE A MINIMUM WEIGHT OF 250 GRAMS
FINAL ASSAYS: ASSAYS SHALL BE MADE INDEPENDENTLY BY EACH PARTY AND THE RESULTS OF SUCH ASSAYS SHALL BE EXCHANGED ON A LOT - BY-LOT BASIS FOR COPPER SILVER AND GOLD BY REGISTERED AIRMAIL OR SPECIAL COURIER NO A MUTUALLY AGREED DATE (ASSAY EXCHANGE) 
PROVISIONAL PAYMENT: SHALL BE DONE THROGH THE FOLLOWING ITEMS AT SELLERS OPTION
BUYER SHALL PAY 105% ONE HUNDRED FIVE OF PROFORMA INVOICE AMOUNT PROMPT NET CASH PAYABLE BY TELGRAPHIC TRANSFER WITHIN 5 FIVE WORKING DAYS AFTER SELLERS PRESENTATION OF THE COPY OF FOLLOWING DOCUMENTS AND PRIOR TO LOADING OF MATERIAL TO A BANK WHICH IS NOMINATED FROM SELLER
SELLERS PROFORMA INVOICE
HOLDING CERTIFICATE ISSUED BY NATIONAL IRANIAN COPPER INDUSTRIES COMPANY
HOLDING CERTIFICATE PROCEDUR
INSPECTION OF THE CARGO LOCATED AT SHAHID RAJAEE BANDAR ABBAS PORT BY BUYER OR ITS NOMINATED SUPERVISION COMPANY OR REPRESENTATIVE
ISSUING HOLDING CERTIFICATE IN THE NAME OF BUYER ON NICICO,S LETTERHEAD WITH ITS SIGNATURE/STAMP
RECEIVING THE VALUE AMOUNT OF CARGO FROM BUYER
LOADING OF THE MATERIAL AS PER BUYER INSTRUCTION
BUYER SHALL GUARANTEE THE PAYMENT BY AN IRANIAN BANK GUARANTEE (ACCEPTABLE BY NICICO FINANCIAL DEPT) WHICH IS 110% ONE HUNDRED TEN PERCENT OF INVOICE AMOUNT
BUYER SHALL PAY 100% ONE HUNDRED PERCENT OF INVOICE AMOUNT PROMPT NET CASH PAYABLE BY TELEGRAPHIC TRASFER INTO SELLER NOMINATED ACCOUNT AGAINST PRESENTATION OF COPY OF THE FOLLOWING DOCUMENTS
BILL OF LADING
SELLER,S PROVISIONAL INVOICE WHICH IS AVERAGE OF FIVE CONSECUTIVE WORKING DAYS OF LME PRICE PROR DATE OF INVOICE
PAYMENT SHALL BE DONE UNDER AN IRREVOCABLE LETTER OF CREDIT AT SIGHT WHICH SHALL BE OPENED IN FAVOR OF SELLER (WHICH SHALL BE ISSUED IN A FORM AND SUBSTANCE ACCEPTABLE TO SELLER) BY ONE OF THE FIRST CLASS BANKS (WHICH SHALL BE CONFIRMED BY SELLER) IN EURO OR AED AND TO BE ADVISED THROUGH A BANK WHICH IS MOMINATED FROM SELLER COVERING 110 PCT. ONE HUNDRED TEN PERCENT OF THE PROVISIONAL CARGO VALUE AS PER SELLER,S PROFORMA INVOICE THE LETTER OF CREDIT SHALL ALLOW SELLER TO DRAW 100 PCT
OF THE PROVISIONAL CONSIGNMENT VALUE AGAINST FIRST PRESENTATION OF SHIPPING DOCUMENTS OR PROMPT NET CASH PAYABLE BY TELEGRAPHIC TRANSFER AND AGAINST PRESENTATION OF COPY OF SHIPPING DOCUMENTS
 FINAL PAYMENT: FOR THE DIFFERENCE BETWEEN THE FINAL PURCHASE PRICE DETERMINED IN ACCORDANCE WITH THE TERMS OF CONTRACT AND THE PROVISIONAL PAYMENT SHALL BE PAYABLE BY TELEGRAPHIC TRANSFER AGAINST SELLER,S PRESENTATION OF FOLLOWING DOCUMENT
SELLER,S FINAL INVOICE ISSUED BASED ON FINAL PRICES LESS THE AMOUNT OF PROVISIONAL PAYMENT
CURRENCY: IN USD EURO OR AED BY SELLRS OPTION
IMPORTANT NOTES:
OFFERS MUST BE PRESENTED TO NICICO SALES DEPT PREFERABLY IN SEALED ENVELOPE OR EMAIL TO SALES - TENDER@NICICO.COM TILL SUNDAY 03RD JUL. 2016, 14:00 TEHRAN TIME KINDLY NOTE THAT ITS VERY IMPORTANT THAT THE OFFERS SHALL BE DEFINITLY SENT TO THE SALES- TENDER@NICICO.COM AND THE ONES SENT TO ANY OTHER EMAIL ADDRESSES WON,T BE REGARDED AS THE TENDER PARTICIPANTS AND WANT BE EVALUATED. OFFERS WHICH BE NICICO RESERVES THE RIGHT TO RIJECT ANY ONE OR ALL OFFERS CANCEL RENEW OR PROLOG THE DEADLINE
NICICO RESERVES THE RIGHT TO SELL PART OF ALL OF ABOVE MENTIONED MATERIAL & TONNAGE TO ONE OR SEVERAL POTENTIAL BUYERS
OFFER FOR LESS THAN MENTIONED QUANTITY IS ALSO NEGOTIABLE
QUOTATIONAL PERIOD FOR ANY UNKNOWN PRICE IS ALSO NEGOTIABLE
IN CASE YOUR OFFER IS ACCEPED BY NICICO IT WILL BE ADVISED TO YOU VIA EMAIL
P.S YOUR REPLY MUST INCLUDE FOLLOWING ITEMS OTHERWISE WON,T BE ACCEPTABLE
PRICE YOUR PRICE OFFER SHALL INCLUDE TREATMENT CHARGE / REFINERY CHARGE TC/RC
PAYMENT TERMS