Iron Ore We can buy up to 80 million tonne per year and invest in the joint venture. The form of payment: The seller provides a letter of guarantee amounting to 2% of the Contract for failure of the total cost credit, after receiving a letter of guarantee, the buyer is exposed documentary letter of credit in favor of the Seller. Destination port for unloading ore are: China, ports - XIA MEN (schya MEN), WEN ZHOU (Zhou Wen) and TAI CANG (TAI TSEN), JIANGSU, NINGBO. Terms of delivery of our corporation is made on terms: CIF, by sea.