Iron ore ex Philippines, FOB

We are willing and able to sell the described product:
1. PRODUCT: Iron Ore
2. ORIGIN: Bicol, Philippines
3. DELIVERY TERMS: Freight on Board (FOB) MV
4. QUANTITY: 10,000 MT (Test Buy) 100,000 MT (Max.)/Month
5. TOTAL QUANTITY: 600,000 MT (Min.)/Year to 1,200,000 MT (Max.)/Year
6. QUALITY/ASSAY: 65%
7. PACKAGING: Breakbulk
8. CONTRACT DURATION: One (1) Year Roll-over
9. PRICE : U.S. $ 62.00/MT FOB @ Mother Vessel Additional US$ 1.00/ MT for every grade increase
10. TERMS OF PAYMENT: 50% Down payment & 50% LC @ sight
11. BUYERS DOCUMENT/S: Irrevocable Confirmed Purchase Order (ICPO)
12. LOADING PERIOD: Mother Vessel is 15 days.