Commodity: Iron Ore Grade 62% fe

Specification: Grade 62% Fe Magnetite/ Hematite (Lumpy)

Capacity to Deliver : monthly quantity 100000 MT to 150000 MT
Trial shipment 50,000 MT per Month & 50,000 MT per Shipment (Rollovers Extension to +/-10%)

Quarry Site & Load port: Philippines

Price in Bulk : CIF China Port USD (Platts Index - 15%) per MT or if Fixed price for FOB MV

Payment terms: 100% irrevocable LC at Sight

Initial Delivery : within 30 to 45 Days after signing of Contract and confirmation of irrevocable LC

Contract Duration: 12 Months with R&E