State-owned, KIOCL has intended to purchase 65,000 DMT (dry metric tonne) high-grade iron ore concentrate from overseas and offshore sources.
Iron ore procured will be used at Mangalore-based pellet plant and the respective pellet produced out of the high-grade iron ore will be purchased back by the same party.
The indicative Fe content of iron ore should be minimum 67%. The pellet supplied by KIOCL will constitute of Fe 65.5% min.
Quotations are invited from interested mine owners, traders, suppliers etc. Iron ore suppliers, who are ready to buy back the manufactured pellets, are only eligible to participate in this tender.
The respective high-grade ore should be delivered at new Mangalore Port on CIF basis and for the sale of pellets, quotations should be given in FoB, new Mangalore Port basis. Also, prices should be quoted in USD/EURO/AED/MT.
Interested bidders can submit their quotations till 15 Jul’16 at 14.00 hrs and techno-commercial bids can open on the same day at 15.00 hrs.
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