FULL CORPORATE OFFER
Valid Through October 31, 2018
To:
Date: Subject: US Green Petroleum Coke
Seller
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:
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Buyer/Agent of Record
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Commodity
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Refined Green Petroleum Coke
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Origin
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USA
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Quantity
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Minimum: 100,000 MT/Mo.
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Term of Contract
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12 Months with Annual Rolls and Extensions up to 36 Months
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Price
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$91.00/MT FOB-Vessel/Houston, Texas USA
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Terms of Purchase
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FOB-Vessel. Subject to Buyer Acceptance with 6 Month Reviews
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Method of Payment
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Letter of Credit (To be Determined)
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Required Analysis
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Seller will Provide Certificate of Analysis
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Acceptance
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Product Subject to Inspection @ Mine, and Acceptable to Buyer
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Brokerage Fees
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Payable by Seller to Broker of Record
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Product Specifications
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#
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Description
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Value
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Comments
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1
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Moisture
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<9.0%
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2
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Ash
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<1.0%
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3
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Sulfur
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<6,5%
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4
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Volatile Matter
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10%
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22% Max
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5
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Calorific Value (Btu/Lb)
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13,738 (AR)
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15,076 (AD)
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6
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Tonnage
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100,000 MT+
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Monthly
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7
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Payment
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On Delivery
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US Bank
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Miner Contact
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Introduction by Black Diamond Representative
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Delivery
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FOB-Houston, Texas/ USA
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Packing
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In Bulk
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Inspection
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By Independent Laboratory Analysis @ Load Port
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Loading Schedule
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Immediate: 15 Days from Contract Acceptance
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Buyer Bank
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To be Approved by Both Parties
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INITIAL TERMS OF CONTRACT
All initial terms of Contract will be made available upon Buyer commitment to purchase, the registration of Agent’s Buyer group, and the preparation of a Draft Contract.
Prior to drafting said Contract, Buyer and Seller will identify respective banks and provide bank contact information. Seller uses only top 10 banking institutions, and will accept Buyer’s choice of bank, but it must be a US based office.