Product definition
A mineral offer should identify the precise commodity, physical form, grade, impurities, moisture, particle size, available quantity, recurring capacity and accepted inspection method.
Commercial definition
- Pricing basis and quotation period
- Incoterms, delivery point and loading capacity
- Minimum order, trial shipment and contract duration
- Payment security and banking route
- Inspection, sampling and assay procedure
Authority and provenance
The seller or representative should demonstrate authority, lawful origin, export eligibility and a documented chain between the producer, stock holder and contracting entity.