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  • Builtrans Global Trade Private Limited.: Letter of Intent (LOI)

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    Prasanjeet Poddar
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    Builtrans Global Trade Private Limited issues a letter of intent to S.R.F Mining and Logistics to purchase 50,000 metric tons of iron ore fines from Keonjhar, Odisha, India. The iron ore fines must contain 57.5% iron, no more than 5% silicon dioxide, 4.56% aluminum oxide, 0.05% phosphorus, 0.04% sulfur, and 4.47% loss on ignition. At least 90% must be smaller than 10mm, no more than 10% larger than 10mm, and no more than 30% smaller than 150 microns. The price will be revised every 10,000 metric tons supplied.

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    Letter of intent

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    LOI to SRF Mining

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    Builtrans Global Trade Private Limited issues a letter of intent to S.R.F Mining and Logistics to purchase 50,000 metric tons of iron ore fines from Keonjhar, Odisha, India. The iron ore fines must contain 57.5% iron, no more than 5% silicon dioxide, 4.56% aluminum oxide, 0.05% phosphorus, 0.04% sulfur, and 4.47% loss on ignition. At least 90% must be smaller than 10mm, no more than 10% larger than 10mm, and no more than 30% smaller than 150 microns. The price will be revised every 10,000 metric tons supplied.

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    © All Rights Reserved
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    22 views1 page

    Builtrans Global Trade Private Limited.: Letter of Intent (LOI)

    Uploaded by

    Prasanjeet Poddar
    Builtrans Global Trade Private Limited issues a letter of intent to S.R.F Mining and Logistics to purchase 50,000 metric tons of iron ore fines from Keonjhar, Odisha, India. The iron ore fines must contain 57.5% iron, no more than 5% silicon dioxide, 4.56% aluminum oxide, 0.05% phosphorus, 0.04% sulfur, and 4.47% loss on ignition. At least 90% must be smaller than 10mm, no more than 10% larger than 10mm, and no more than 30% smaller than 150 microns. The price will be revised every 10,000 metric tons supplied.

    Copyright:

    © All Rights Reserved
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    BUILTRANS GLOBAL TRADE PRIVATE LIMITED.

    104/A, Easwaripuri Colony, Sainikpuri, Hyderabad-500094


    Email ID - info@builtrans.com, www.builtrans.com

    Letter of Intent (LOI)


    Date: 4/2/2021
    To: M/s S.R.F Mining and Logistics
    1103/D, Ashtavinayak CHS Ltd, D.N. Nagar
    Ganesh Chowk, Andheri West, Mumbai-400053

    (Reference through Mr. Vijay Kumar)

    We, Builtrans Global Trade Pvt. Ltd., hereby state and represent that it is our intention to
    purchase, and we hereby confirm that we are ready, willing and able to purchase the
    following commodity as per the specification and in the quantity and for the price as
    specified in the terms and conditions as stated below. This representation is made with full
    corporate authority and responsibility.

    Commodity: Iron ore fines


    Grade: 57.5
    Quantity: 50000 MT (Price revision shall be implied on every 10000 MT after supply)
    Origin: Keonjhar sector, Odisha, India
    Specification:
     Fe: 57.5%, reject below 57%
     SiO2: 5%, reject above 5%
     Al2O3: 4.56%
     P: 0.05%
     S: 0.04%
     LOI: 4.47%
    Size:
     -10mm: 90% Minimum
     +10mm: 10% Maximum
     Below 150 microns: 30% Maximum, reject if above 35%

    Regards

    K. Srinivas Rao
    K. Satyakrishna Rao
    Prasanjeet Poddar
    Builtrans Global Trade Pvt Ltd.

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