The Ore Dressing and Mineral Processing Unit Production Period (Decline in the Price, Temporary Suspension)
The insurance for the production period is considered for a certain time span during the ore
dressing and processing unit production. Whenever the unit is active, and the
selling price of the minerals gets lower than the estimated price because of
market conditions and oscillation, there would be an agreement between the
insurer and the insured, and the insurer would pay the damage resulted from the
difference of the minerals’ estimated price and selling price during the agreed
time span, while the unit is still active. With the
confirmation from the insurer, the operation can stop and the damage would be
compensated by the insurer.