Detailed Product Description

PT. Berau Coal
Coal Name “SUNGKAI” GCV 5500 Kcal/kg
Total Production 800,000MT – 1,000,000MT/month
Mining Location in Lati, East Kalimantan, Indonesia.
Loading Rate 50.000MT/day
Payment by L/C at sight
Price GCV 5,500 reject GCV 5,300 Kcal/Kg
USD 26,50/MT FOB Mother vessel (Including Export Tax and Document)
Specification Guarantee
TM < 26 (arb), IM < 18 (adb), Ash < 4 (adb), VM < 38 (adb), FC by diff, Sulphur < 1 (adb), HGI 45

Procedure:
Seller issued Coal Offer (FCO)
Buyer signs Coal Offer (FCO) for acceptance and sends it back and issued LOI on buyers letterhead signed by dated 7 days or less with specifications, quantity, payment system, shipment date, discharge port, price in order, whom to be shipped and bank details.
Seller issued Draft Contract.
Buyer returns signed contract to be considered as original.
Seller issues 4 (four) hard copies of the contract to be signed and exchanged.
Contract Signing in Jakarta, Indonesia
Buyer will visit mine