Iron Ore Brazil Amex Soft

SOFT OFFER FOR BRAZILIAN IRON ORE

Commodity: IRON ORE Fe 64.5%, rejection 63.5%, size 0-10 mm Origin: Brazil Quantity: 150,000 MT/Month minimum to 9,000,000MT/Month (in Multiples of 1,000,000 MT) Contract Length: 12 months shipments minimum with extensions Loading Port: Port: of Victoria, Tubarao, MPB, Brazil or at seller's Choice. Destination Port: CIF Any safe seaport People’s Republic of China Price: US$ 175, 00/MT CIF Any safe seaport People’s Republic of

China. Packaging: Loose bulk Inspection: SGS/CIQ/CCIC to determine quality & quantity at the Loading port.

Only SGS inspection cost to be borne by the Seller at the loading port. CIQ/CCIC, if requested by the Buyer, the cost to be borne by the Buyer. Performance Bond: After received acceptable payment instrument from Buyer, the Seller will issue a 2% Performance Bond of the value of the LC in the form of Corporate Performance Bond to be issued by seller backed by SBLC. DELIVERY BASIS In shipments of minimum 150,000 MT (+/-5%). The shipment will be arranged By seller for delivery of material within 45 days after receipt of all required Documents

INITIAL DOCUMENTS: LOI (Letter of Intent with Soft Probe Authorization) or RWA (Ready Willing and Able, submitted by Buyer's bank), BCL – Bank Capability Letter. SPECIFICATIONS: Fe 64.5% Rejection below 63.5% Al2O3 0.7% Rejection above 2.00% SiO2 3.0% Rejection above 4.00% Brasil Consultoria e Investimentos ltda, Av Prudente de Morais-3166,Sala 103,Lagoa Seca,Natal,RN,Brasil. Company No (CNPJ)09.273.980/0001-70 Brazil+55 11 3711 8180 Tel International+ 44(0)20 8123 0680 Email: [email protected] Website: www.Brazil-Consult.com

1

S 0.007% Max 0.03% P 0.05% Max 0.06% K2O 0.008% CaO 0.02% MgO 0.03% Na2O 0.005% TiO2 0.08% Mn 0.15% PHYSICAL CHARACTERISTICS: 0.15mmm – 3mm 30% min 3mm – 5mm 60% max 5mm – 10mm 10% max MOISTURE: FREE MOISTURE AT 105 DEGREES CENTIGRADE 8.00% Thank you for considering Brazil Consult as your supplier we await your LOI to move to a hard offer. Warm regards Mr. A S Young Sales and Marketing Director

Brasil Consultoria e Investimentos ltda, Av Prudente de Morais-3166,Sala 103,Lagoa Seca,Natal,RN,Brasil. Company No (CNPJ)09.273.980/0001-70 Brazil+55 11 3711 8180 Tel International+ 44(0)20 8123 0680 Email: [email protected] Website: www.Brazil-Consult.com

2