I AM A BUYER MANDATE LOOKING FOR BRAZILIAN IRON ORE FOR CHINA. 750,000 MT/MONTH FOR 1 YEAR, EXTENSION TO 5YEARS. PAYMENT TERM IS REVOLVING LC PER MONTH. FUNDS FOR DURATION OF CONTRACT IS SECURED BY BUYERS BANK. LC IS IRREVOCABLE AND NON-TRANSFERRABLE TO BE ISSUED ONLY TO MINE OR MINE OWNER.