LITHIUM CARBONATE INDUSTRIAL GRADE 98.5% PRODUCT: LITHIUM CARBONATE INDUSTRIAL GRADE 98.5% ORIGIN: BOLIVIA QUANTITY: 500 MT MONTHLY DURATION: 12 MONTHS R&E PRICE: SMM 99.2% (THE SMM MARKET PRICE). INCOTERMS: FOB CHILE PORT OF ORIGEN: PORT OF IQUIQUE CHILE PACKING: BIG BAGS 500KG (20 BAGS OF 25KG) PAYMENT: DLC GUARANTEE, 100% IRREVOCABLE, TRANSFERABLE, DIVISIBLE, REVOLVING, FULLY FUNDED OPERATIVE DOCUMENTARY LETTER OF CREDIT MT700, WITH MATURITY FOR ONE YEAR AND ONE DAY (365 + 1), PAYMENT BY M1103. PAYMENT WILL BE RELEASE 50% AGAINST: CONTRACT SIGNED, INVOICE AND REPORT OF QUALITY AND QUANTITY (SGS, BUREU VERITAS OR OTHER SIMILAR) AT THE WAREHOUSE NI IQUIQUE - CHILE; THE REMAINING 50% WILL BE RELEASE AGAINST COPY OF DOCUMENTATION OF LOADING AT PORT OF IQUIQUE CHILE. PAYABLE WITHIN TWO (2) BUSINESS DAYS. BEFORE ISSUING THE DLC, THE BUYERS' BANK MUST ISSUE TO SELLER BANK AN MT799, AND THEN SEND THE DLC MT700.0 REQUIREMENT: BUYER MUST HAVE AL IMPORT LICENSES AND PERMISSIONS.