Iron Ore Fines
A) SPECIFICATIONS
|
AGREED |
REJECTION |
|
|
|
FE = IRON |
64.5% |
BELOW 63.0% |
SIO2 = SILICA |
3.0% |
ABOVE 4.5% |
AL203 = ALUMINA |
2.0% |
ABOVE 3.0% |
S = SULPHUR |
0.05% |
ABOVE 0.1% |
P = PHOSPHORUS |
0.05% |
ABOVE 0.1% |
MOISTURE |
6% |
NO REJECTION |
OTHER IMPURITIES |
0.1% |
1.0% |
B) SPECIFICATIONS PHYSICAL
- 0.15mm-6.3 MM 90%
- lower 0.15 MM 10%
- Original: Brazil
PRICE ADJUSTMENT
FOR THE PURPOSE OF THIS CLAUSE ALL BONUS/ PENALTY SHALL APPLY TO DMT ONLY BONUS / PENALTY FOR CHEMICAL SPECIFICATIONS VARIATIONS
|
BONUS |
FOR EVERY |
AGREED VALUE |
BONUS LIMIT |
|
|
|
|
|
FE |
0.50 USD |
1% FE |
ABOVE 64.5% |
NO LIMIT |
SIO2 |
0.10 USD |
0.5% SIO2 |
BELOW 3.0% |
NO LIMIT |
AL203 |
0.10 USD |
0.5% AL203 |
BELOW 2.0% |
NO LIMIT |
S |
0.10 USD |
0.05% S |
BELOW 0.05% |
NO LIMIT |
P |
0.10 USD |
0.05% P |
BELOW 0.05% |
NO LIMIT |
MOISTURE |
0.50 USD |
1% MOISTURE |
BELOW 6.0% |
NO LIMIT |
|
|
|
|
|
|
PENALTY |
FOR EVERY |
AGREED VALUE |
PENALTY LIMIT |
|
|
|
|
|
FE |
0.50 USD |
1% FE |
BELOW 64.5% |
63.0% |
SIO2 |
0.10 USD |
0.5% SIO2 |
ABOVE 3.0% |
3.50% |
AL203 |
0.10 USD |
0.5% AL203 |
ABOVE 2.0% |
3.0% |
S |
0.10 USD |
0.05% S |
ABOVE 0.05% |
0.10% |
P |
0.10 USD |
0.05% P |
ABOVE 0.05% |
0.10% |
MOISTURE |
0.50 USD |
1% MOISTURE |
ABOVE 6.0% |
NO LIMIT |
BONUS / PENALTY FOR MEAN SIZE AND PHYSICAL SIZE VARIATIONS
90% ORE SIZE BELOW 10 MM FOR EVERY 1% ORE MORE/LESS THAN 90% , BELOW SHALL APPLY BONUS USD 0.05 FOR EVERY 1% GREATER THAN 90% PENALTY USD 0.05 FOR EVERY 1% LESS THAN 90% THERE SHALL BE NO REJECTION ON THE PHYSICAL SIZE 10% ORE SIZE ABOVE 10 MM FOR EVERY 1% ORE MORE/LESS THAN 10% , BELOW SHALL APPLY PENALTY USD 0.05 FOR EVERY 1% GREATER THAN 10% BONUS USD 0.05 FOR EVERY 1% LESS THAN 10% THERE SHALL BE NO REJECTION ON THE PHYSICAL SIZE
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