COMMODITY                   : NICKEL ORE

ORIGIN : Indonesia

NI : 1.8% and 2%

Fe : 18%

MgO : 20%

SiO2 : 35%

H2O : 30%

P : 0,01%

QUALITY                         : NI CONTENTS 1.8% (Rejection level 1.7%)

SIZE                                : 5 mm to 500 mm

QUANTITY                       : 50,000 – 100,000 tons per month

LAYCAN                          : To be discussed later

LOADING PORT                 : Pomalaa, Kolaka, IndonesiaPAYMENT                        : LETTER OF CREDIT 100% PAYABLE AT SIGHT

PERFORMANCE BOND       : 2% PB

CONTRACT PERIOD : 1 YEAR