Iron ore, Country of Origin : India

Commodity: iron ore 63.91% fe, rejection 62.5% fe

origin: venezuela

loading port: port of palua

destination port: fob por of palua

delivery period: first delivery within 25 days upon receipt of buyer's irrevocable letter of credit. subsequent

deliveries will be delivered within 30-45 days.

Delivery schedule: mt for 100,000 (trial order) before 210,000 mt months.

Quantity: min. 100,000ton [+-10%] 12 months.

Contract term: 12 months, extendable to 90 months by mutual agreement.

Shipment: in granel as per specifications