Jeffrey Lux's List: mineral

Iron Ore Fines(65%) Standard Sinter Feed (SSF)
Chemical Composition

Chemical (in % as dry basis at loading port)
Expected Guaranteed
Fe 65 64
Al2 O3 1.2 1.5
Si O2 4.5 5.0
P 0.065 0.070
S 0.005 0.008
Mn 0.15 0.20
LOI 1.8 2.0

Moisture 6.5 9.0
Physical Characteristics

Size Distribution (in % at loading port)
Expected Guaranteed
+ 6.3 mm 3 5
+ 1.0 mm 40 35
-0.105 mm 32 35
Quantity

Minimum six (6) shipments of 150,000 MT per month in bulk, (+/-) 10% at Seller's discretion
Shipment (FOB)
Loadin Port: Port of Sepetiba, State of Rio de Janeiro, Brazil, CPBS Terminal
Loading Rate: 40,000 MT per weather working day
Price

The price will be adjusted between Seller and Buyer, in USD (United States Dollar) per DMT
(Dry Metric Ton), FOB stowed and trimmed, at Loading Port, as per INCOTERMS 2000.
Payment

By a transferable Revolving Letter of Credit (RLC) issued up to 5 days after the signature of
the contract by one of the 25 international banks of first class. The details of the RLC shall be
agreed between Seller and Buyer. The RLC shall be payable 100% at sight at the counters of
Seller’s bank against presentation of the following documents: :

* A full set of negotiable clean on board Bill of Lading
* Commercial Invoice
* Certificate of Quality issued by independent Surveyor, showing actual results of chemical and physical analysis of the iron ore at the Loading Port
* Certificate of Weight issued by the independent Surveyor at the Loading Port
* Certificate of Origin

Non-Compliance Penalty

After signing the contract, if Buyer fails to issue the RLC or nominate the vessel, or after the
acceptance of the RLC, Seller fails to deliver the commodity, the contract will become null and
void. The default party must pay to the other party a penalty accordingly the contractual clauses.

Request a Quote

"V.V. Mineral (VVM) is India's largest Mining, Manufacturer and Exporter of Garnet & Ilmenite. At the global level, we are poised to rise above our number two position. VVM is the first private ILMENITE Exporter in India. Established in 1989, we have achieved significant market share in Europe, Middle East, East Asia, Australia and USA.

We owe our success to our primary objective -Customer Delight and Satisfaction - providing the best quality of Garnet, Ilmenite, Rutile and Zircon in lesser lead times at globally competitive prices.
"

"TECHNICAL SPECIFICATIONS OF ILMENITE
Group : Oxides
Composition : FeTiO2
Hardness : 5-6
Bulk Densit : 2.0
Specific Gravity : 4.72
Cleavage : None
Fracture : Conchoidal to uneven



This mineral usually forms thick, tabular crystals; sometimes it forms rhombohedral crystals. Twinning is common. Other habits are lamellar, massive, compact, and granular. It is black or brownish black, with a black to brownish red streak. It is opaque. Ilmenite has a luster ranging from metallic to dull.


Typical Chemical and Size Analysis
Elements HT KPM TIS TVV
56% Grade 53% Grade 52% Grade 48.5% Grade
TiO2 55% - 57% 52.5% – 53.5% 51.5% – 52.5% 47.5% – 49%
Fe2O3 18% - 23% 13% - 16% 10% - 14% 12% - 16%
FeO 15% - 20% 25% -30% 33% -38% 34% - 38%
SiO2 1.5% Max 1% Max 1% Max 1% Max
Al2O3 1% Max 0.5% Max 0.5% Max 0.5% Max
V2O5 0.4% Max 0.3% Max 0.3% Max 0.3% Max
Cr2O3 0.15% Max 0.1% Max 0.1% Max 0.1% Max

Size Analysis

Mesh MM
30 0.6 Nil Nil Nil Nil
40 0.425 <2% <2% Nil Nil
50 0.3 4 ~ 8% 1 ~3% 4 ~ 8% <1%
60 0.25 10 ~ 15% 4 ~ 8% 10 ~ 20% 1 ~ 3
80 0.18 40 ~ 60% 20 ~ 30% 40 ~ 50% 8 ~ 15
100 0.150 15 ~ 25% 15 ~ 25% 15 ~ 20 15 ~ 25
120 0.125 5 ~ 10% 10 ~ 20% 5 ~ 10 20 ~ 30
140 0.106 2 ~ 5% 10 ~ 15% 3 ~ 8 15 ~ 25
170 0.090 1 ~ 3% 15 ~ 20% 1 ~ 5 10 ~ 15
-170 - 0.090 <2% <5% <3% <10%


Grade Wise Grain Size
Mesh MM KPM TIS PON
53 Grade (%) 52 Grade (%) 51 Grade (%)
30 0.6 - - -
35 0.5 - - 0.04
40 0.425 0.06 0.0 0.54
45 0.355 0.5 1.3 2.84
50 0.3 1.76 5.9 6.16
60 0.25 5.74 15.52 10.06
70 0.212 10.86 22.04 14.12
80 0.18 15.92 21.86 16.78
100 0.150 19.12 18.32 19.72
120 0.125 15.62 8.08 13.62
140 0.106 13.94 4.00 9.66
170 0.090 16.48 2.84 6.46
100 100 100"