2004-12-06 16:16
The first public bidding of export quota of light and heavy burned magnesium in 2005 will begin on Dec 13, 2004, which will be carried out in two parts. In accordance with the Public Bidding Measures on Quota of Export Commodities and Detailed Implementation Regulations of Public Bidding on Industry
Products Export Quota, related matters are now announced as follows:
The First Part
Name and scope of commodity:
The scope o f the commodities includs natural magnesium carbonate (magnesite), fused mafnesia mineral (electric melting magnesium, including gunning refractory), sintered mafnesia mineral (heavy burned magnesium, including gunning refractory), alkali burned magnesium (light burned magnesium) and was
te magnesite brick. The customs codes of the commodities are:
25191000 natural magnesium carbonate (magnesite)
25199010 fused mafnesia mineral (electric melting magnesium, including gunning refractory)
25199020 sintered mafnesia mineral (heavy burned magnesium, including gunning refractory)
25199030 alkali burned magnesium (light burned magnesium)
25309090.10 waste magnesite brick
Bidding quantity:
The total amount of light and heavy burned magnesium for public bidding: 312,000 ton
Time for pubic bidding
Time for submitting tender: from Dec 13, 2004 to Dec 14, 2004
Expiration time: Dec 14, 2004, PM 14:00
Time for opening sealed tenders: Dec 14, 2004, PM 16:00
Inquiry of the bidding result
The time for opening sealed tenders is Dec 14, 2004, PM 16:00 and the initial bidding results will be announced on the website of China international E-commerce on Dec 15, 2004. If any question exists, bidders may put forward to public bidding office before Dec 17, 2004, PM 15:00. Since Dec 22, all
bidders may inquire the bidding result that is approved and formally published by the biding committee through China international E-commerce website. Bidding office will no longer issue the Notice of Winning Bid.
Earnest money of winning bid
The earnest money of public bidding equals 10 percent of the total currency amount of the bidding. The enterprises winning the bid must remit earnest money (price of wining the bid * amount of wined bid * 10%) to appointed bank before Feb 28, 2005.
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