The point is that CRM which this agreement is about is a dry product.
It goes through a dryer.
Nothing wet about it.
Wet metric ton is a standard unit used for reporting production of materials where they are moved on as a slurry and loaded in bulk with reasonably high water content.
Sales are in dry metric tonnes where the weight is reduced by certain amounts ( about 8% for iron ore) as customer is buying ore not water.
Ann: Heads of Agreement signed for Indian and global markets, page-34
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