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AIS Resources Commences Manganese Export From Peru

Mining News - Published on Mon, 24 Jun 2019

Image Source: Twitter
AIS Resources Limited announced that the Company has commenced its manganese trading operations in Peru.

The highlights include:

A contract has been signed with the miner and a deposit paid to buy 2,000 tonnes of Manganese Ore with samples from the mined ore averaging 45% MnO.

Terms of the purchase of the ore are 50% for 1,000 tonnes when trucking commences, and 50% when the assay is completed on each one tonne super bag received in our storage area.

A logistics and shipping contract has been negotiated for an initial 2 containers per week for three weeks, then continuing with 40 containers per week. In Peru, customs officials typically only examine the first three shipments meaning the Company will incur examination fees on the first six containers only.

Container ships arrive every Tuesday and depart on Thursday, and carry up to 6,000 containers at a time, which are loaded in 48 hours.

A storage site outside Lima has been rented and the containers will be loaded with quality and quantity certificates issued by international surveyors SGS.

Source :

Posted By : Sanju Moirangthem on Mon, 24 Jun 2019
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