Welcome to our Chrome pages.

S.A.N.C.E. (the South African National Commodity Exchange) have been growing from strength to strength and in stature from day to day. We are being approached by Mines, Commodity traders, Brokers, Buyers and Sellers on a daily basis. Everyone seems to know that this is the best way to Find products, and for Sellers to sell their Products quickly.

SANCE endorses our Members and affiliates. This give everyone who has chosen to be part of SANCE a competitive edge in the Industry. If you have not yet made up your mind to join the Commodity Exchange, please do so today. Simply fill in the little form provided on www.Sance.co.za , make your payment and send a copy of your ID and a recent Passport photo.

Chrome available from S.A.N.C.E. as on

2011.07.04

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Deal 1 A - Chrome Concentrate 42% Brits Area FOT (we have contract and LAB report available)  (added 27/6/2011)

4,000 MT p/m, 

Price: R1020  per m/t

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Deal 2A - Chrome Lumpy, 42% Steelpoort FOT (we have contract and LAB report available) (added 27/6/2011)

10,000 m/t  p.m.

Price: R1020 per m/t

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Deal 4A - Chrome Concentrate 42% Rustenburg FOT  (we have contract and LAB report available) (added 27/6/2011)

10,000 m/t  p.m.

Price: R1020 per m/t 

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Deal 5A - Chrome Concentrate 42% Mooinooi FOT (we have contract and LAB report available) (added 27/6/2011)

15,000 m/t  p.m.

Price: R1020 per m/t 

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Deal 7A - Chrome Met Grade Fines, 48% Rustenburg FOT (we have contract and LAB report available) (added 27/6/2011)

10,000 m/t  p.m.

Price: R1050 per m/t p.m.

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Product 8A -Ferro Chrome, 48% Rustenburg FOT (we have contract and LAB report available)  (added 27/6/2011)

5,000 m/t  p.m.

Price: R4,750 per m/t

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Product Self 11 -Ferro Chrome,  SPOT Ex Warehouse Jhb  (we have contract and fresh LAB report available) (added 27/6/2011)

Specs: 49-50%

300-350 mt SPOT Ferro Chrome

Price:R4900 neg. per m/t

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PRODUCT A

Lumpies-60mm to 120mm-Very clean - 40 000 to 60 000 metric ton now available

44% 42% rejection R1220 per metric ton.

42% 40% rejection R1170 per metric ton

37% 35% rejection R1050 per metric ton

ALL FOT, ex Washing Plant, South Africa

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PRODUCT B

Mixed Lumpies, Fines and Chips 4% 32% R800 per metric ton-Only 1,500mt available ex Nzenga Junction warehouse, Gauteng, South Africa -then 12 month contract on FOT basis direct from the mine. 4 Different SGS LAB reports is available for this chrome.  Once Buyers have paid for and removed the Chrome, a monthly contract will be available, direct from the mine for between 5000 and 10 000 metric tons per month.

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PRODUCT C

LUMPIES 44% 42% FOT 5,000 mt per week Price R1175 include commissions -Contract Minimum term 12 months -up to 36 months available. Once Funds are proven and contract signed, buyers are welcomed to visit the mine.

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PRODUCT D

Concentrate 10 000 mt per month R1175 FOT ex mine Rustenburg. Once Funds are  proven and contract signed, buyers are welcomed to visit the mine.

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PRODUCT E

Make an offer - Product direct from very large mining group

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PRODUCT F   (FOT and FOB opportunities)

Chrome contracts on Offer - 12 months with R/O + E:

 

Product Lot	Percentage	Area	Volume	Price per m/t FOT	FOB Durban	FOB Maputo
Concentrate	44% Typical	Steelpoort	10 000Mt/Pm +Spot	Ex VAT  R1110	$230.00	$225.50
Lumpies	43% Typical 42% Rejection	Steelpoort	8 000 Mt/Pm +Spot	Ex VAT R1090	$235.00	$228.50
Lumpies	40% Typical	Limpopo	2500Mt/Per Week	Ex VAT R1070		$210.00

 

Buyers for Product F ONLY: Buyers must prove funds before mine owner will release contract or LAB reports.

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Product G   -   We have the LAB reports and Contract ready for this product

Chrome Concentrate 10 000 metric ton per month on contract

Price under R1000 per m/t includes R10 commission to Buyers side FOT Rustenburg

Buyers will be welcome to visit the mine as per the procedures below.

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Product H   -   Chrome Lumpies typical 43% rejection 40% (Lab report available)

R1000 per metric ton FOT Brits includes R10 comms to Buyer side per m/t, 5000mt available per month on contract.

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All CHROME transactions - Procedures must please be adhered to:

• Buyers sign NCNDA

• We forward LAB Report to the Buyers

• Buyers issue Proper LOI to the Mine or to S.A.N.C.E.

• Sellers (the mine) issue Contract and Invoice to the Sellers

• Buyers sign Contract and Invoice - then Prove Funds (POF)

• Viewing of Product at the mine -Buyers are welcome to do further Lab Tests to confirm the quality

• Buyers Pay and lift the Chrome

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  Article: Why Ghost Coal? Written by Louis Kearney (Chairman of S.A.N.C.E.)

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