India: MMTC issues Tender for Manganese Ore Fines Export

MMTC has floated a global tender for export of 20,000-30,000 MT Manganese ore fines of Indian origin.

Metal & Mineral Trading Corporation (MMTC) is one of the major global players in the minerals trade and single largest exporter of minerals from India. The company has invited interested overseas buyers for purchase of 20,000-30,000 MT Manganese ore fines of Indian origin through its export tender.

Bidders should quote prices in USD/MT FOBT Vishakhapatnam Port basis.

As per notification floated by MMTC, bidders should provide the following supportive details in order to fulfill the eligibility criteria:

• Minimum annual turnover should be USD 50 million in each year during FY13 & FY14
• Minimum experience of one year in minerals business

Note: MTPL, a subsidiary of MMTC based in Singapore, will be exempted from submission of Earnest Money Deposit (EMD), performance guarantee bond and establishment letter of credit towards the cargo value.

Important Details regarding Tender

Material: Manganese ore fines
Origin: Indian
Quantity: 20,000-30,000 MT
Specification: Mn – 22/24% min
Loading Port: Vishakhapatnam Port
Shipment Period: Feb-Mar, 2015
Packing: Loose
Sampling Analysis: At the time of loading at Indian Port, M/s Mitra S.K. Pvt ltd/SGS shall be appointed to undertake quantity and quality analysis.

Important Date

• Bid submission due date: 9 Feb, 2015 at 12.00 hrs
• Opening of technical bid: 9 Feb, 2015 at 12.30 hrs
• Opening of price bid: 9 Feb, 2015 at 16.00 hrs