Manganese ore

1. COMMODITY:                 Lumpy Manganese Ore of Brazilian origin

2. QUANTITY:                    20000 MT +/- 10% (for shipping tolerance)

3. SPECIFICATION:

Parameter                         Guaranteed             Rejection

Mn                                             44.00% min                  Below 42.00%

Si                                               15.00% max                  Over 19.02%

Al睴�                                        7.71% max                   Over 8.50%

Fe                                             5.76% max                   Over 11.98%

S                                              0.10% max                   Over 0.20%

P                                               0.15% max                   Over 0.20%

Moisture                         8.00%   Maximum

Size 10-300 mm              90% min

Over 300 mm                 Not more than 1%

Under 10 mm                 Not more than 10%   

4. PRICE:                          USD _______ per DMTU basis CIF FO (China Main Ports) on CQD discharge terms. suggest that we finalize the other terms and conditions of supply and then keep a window of 5 days within which to finalize the price

5. PAYMENT:                     100% cargo value covered through a sight LC under 2 Drafts of 95% to be paid against provisional invoice based

                                      On certificate of analysis at load port by third party reputed inspection agency and 5% balance against final

                                      Invoice based on certificate of analysis as issued by CIQ, China. LC must be opened from a prime Western Bank.

6. SHIPMENT TIME:            B/L shall be dated not later than 20 days from the date of issuing a workable LC as per the conditions above.