First Source / Option
HMS-1&2 (80:20)
The prices below are broken down by quantity discounts:
30,000 MT/mo
Price is $198.50/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

50,000 MT/mo
Price is $196.50/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

60,000 MT/mo
Price is $194.50/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

100,000 MT/mo
Price is $191.20/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

Used Rails:
The prices below are broken down by quantity discounts:

30,000 MT/mo
Price is $209.50/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

60,000 MT/mo
Price is $206.25/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

100,000 MT/mo
Price is $203.25/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

HMS-1 & Wheels & Axles
The prices below are broken down by quantity discounts:

30,000 MT/mo
Price is $203.75/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

60,000 MT/mo
Price is $199.75/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

100,000 MT/mo
Price is $197.25/MT Shipped to any safe world port. (Bulk Shipment NO Insurance)

==================================================

Second Source / Option

HMS-1&2 (80:20)
The prices below are broken down by quantity discounts:

30,000 MT/mo
Price is $179.50/MT FOB Turkey.

60,000 MT/mo
Price is $175.50/MT FOB Turkey.

100,000 MT/mo
Price is $169.50/MT FOB Turkey.

OIL:

Here are black oil prices ... this is different than the sweet crude we have access to. Black oil is used for factories.

$126.70 per Ton FOB Basra, Iraq

$171.70 per Ton Shipped to any safe world port. (Bulk Shipment NO Insurance)

AQSIQ certified seller

We prefer a one year contract for HMS1 or HMS1&2. We need an LOI and BCL.
Also if the buyer is still mill or steel mill mandate, The Seller will also give Indemnity Bond from a bank to cover for the bank fees for operative L/C. When the Seller posts 2% PB the Indemnity Bond will be cancelled. All standard practice.

We do not ship less than 30,000mt, and do not provide sample or trial orders. Payment is by Irrevocable, Confirmed, Transferable and Revolving DLC. The contract is buyer friendly so that at anytime the buyer can terminate the agreement should the quality not meet international and contractual standards. We've never experienced a problem of the sort.

Prices are subject to change prior to formal LOI and BCL.

Alexander D. Powers

New Harbor Trading Company

President & CEO

Direct Line - 202 243-9383

Telefax - 703-836-0140

From: www.australia-brazil-china-india-iron-ore-bulk-vessel-ship-shipping.com
www.australia-brazil-china-india-iron-ore-bulk-vessel-ship-shipping.com

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DNPM(ÎļþºÅ)
ORE¿óʯ
AREASµØÇø EXTENSIONÒýÉì
830.525/99
IRONÌú
CAPELA BRANCA

602,20 ha

831.325/89
IRONÌú
SERRA 3 ANTAS

478,93 ha

832.447/00
IRONÌú
CAPELA BRANCA

80,16 ha

TOTAL ¹²¼Æ

1.161,29 ha

ÕªÒª:

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µØÖʱ£Áô×ÊÔ´·ÖΪ¶þ¸öÔ̲ØΪ1,062,625,200 ¶Ö(һʮÒÚ, ÁùÊ®¶þ°ÙÍò, Áù°Ù¶þÊ®ÎåǧºÍ¶þ°Ù¶Ö), Ï൱ÒÔµ¼¹Ü(Gutter)µÄ·ÖÎöµÄÒ»¸öƽ¾ù±ÈÀý:

»¯Ñ§ÖÊÁ¿Ã¿µ¼¹Ü:

GUTTER

Nº

µ¼¹ÜºÅ

CHEMICAL ANALYSIS % (»¯Ñ§·ÖÎö±È%)

Fe
SiO2
P
Al2O3
Mn
PF
CaO
MgO
TiO2

01

68,83

0,73

0,018

0,503

0,159
na

0,05

0,19
0,015

02
69,03
0,69
0,018
0,180
0,011
na
0,03
0,01
0,009

03
45,03
31,50
0,024
0,640
0,085
na
0,01
0,01
0,004

04
43,69
31,81
0,028
0,580
0,058
na
0,01
0,01
0,006

05
42,32
35,55
0,030
0,340
0,034
na
0,01
0,01
0,001

CHEMICAL QUALITY PER WELL: ÿ¾®µÄ»¯Ñ§ÖÊÁ¿:

WELL Nº

¾®ºÅ

CHEMICAL ANALYSIS %»¯Ñ§·ÖÎö%

Fe
SiO2
P
Al2O3
Mn
PF
CaO
MgO
TiO2

01
44,86
28,89
0,054
1,420
0,094
na
0,02
0,01
0,041

02
49,42
23,00
0,076
1,070
0,068
na
0,01
0,01
0,024

CHEMICAL QUALITY PER BROACH HOLES
ÿBROACH ¿×µÄ»¯¹¤ÖÊÁ¿

SAMPLE Nº

±ê±¾ºÅÂë

CHEMICAL ANALYSIS %(»¯Ñ§·ÖÎö%)

Fe
SiO2
P
Al2O3
Mn
PF
CaO
MgO
TiO2

01
66,51
2,28
0,021
1,010
0,045
na
0,01
0,29
0,032

02
47,56
30,24
0,012
0,520
0,051
na
0,01
0,01
0,009

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AREA - haµØÇø- ha

830.525/99

602,20

831.525/89

478,93

832.447/00

80,16

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ÔÚÇøÓòµÄϸö½Ú¶Î, ½éÈëcoalitional ¹¹Ôì, µ¼ÖÂϵͳÍƼ·³¯Î÷²¿ºÍ°üÀ¨ÄÇÀï±äÐν׶λò¹¹Ôì×éºÏ, ¿É±æʶÔÚÕû¸ö²úÌúµÄ³¤·½ÐÎ:

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4.0 - µØ·½µØÖÊ:

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4.1- Lithostratigraphic

Lithostratigraphicunits ±»¹Û²ìÔÚMacaos ºÍCapela Branca µØµã, ÓÉеØÖÊÐÅÏ¢ÐÞ¸ÄÁ˺Í×î½ü¶¨ÒåÁË,:

RIO DAS VELHAS ³¬¼¶Ð¡×é

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Itabira С×é- 'Cau4e' ÐÎ×´

Cara1ca С×é- 'ÖýÔì' ºÍ'Batatal' ÐÎ×´

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5.0- ³É¹¦µÄ¹¤×÷

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5.1 - µØÖÊ×ÊÔ´ÆÀ¹À

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200 m µÄÓ°ÏìÔÚ²¿·ÖÖ®¼ä±»¿¼ÂÇÁËΪÁ½Ô̲ØÁ¿, 3 (t/m.) ÖмäÃܶÈΪ²úÌúµÄÐÎ״δ·Ö¿ª¡£ÔÚÑÝËãÍê³ÉÖмäÇøÓò±»¿¼ÂÇÁËÔÚ²úÌúµÄÐÎ×´Ö®¼ä±»²âÁ¿µÄÇøÓò¡£Laterizated ¶À×àºÍÆäËü°üÀ¨ÑÒʯ´Ó´¢Ðîδ±»ÆÀ¹À¡£645.502.800 ¶Ö²úÌúµÄÐÎ×´±»»ñµÃÁËÔÚCapela Branca cubage ºÍ417.122.400 ¶ÖÔÚMacacos ´¢Ðî, Ò»¹²¼Æ1.062.625.200 ¶Ö¡£

TABLE 1 (±í1)

´Ó²úÌúµÄÐÎ×´µÄµØÖÊ×ÊÔ´Cubage

CAPELA BRANCA AREA(CAPELA BRANCAÇø)
Section

Nº

²¿·ÝºÅÂë
Área (m²)

ÇøÓò
Median

Area (m²)

ÖмäµØÇø
Influence Distance

Ó°Ïì¾àÀë
Volume

(m³)

ÊýÁ¿
Density

(d)

ÃܶÈ
Ton

(t)

¶Ö

01
0

3.919

200

783.800

3,0

2.351.400

7.838

02
7.838

11.763

200

2.352.600

3,0

7.057.800

15.688

03
15.688

20.891

200

4.178.800

3,0

12.536.400

26.100

04
26.100

36.175

200

7.235.000

3,0

21.705.000

46.250

05
46.250

64.150

200

12.830.000

3,0

38.490.000

82.050

06
82.050

92.575

200

18.515.000

3,0

55.545.000

103.100

07
103.100

117.050

200

23.410.000

3,0

70.230.000

131.000

08
131.000

112.025

200

22.405.000

3,0

67.215.000

93.050

09
93.050

87.650

200

17.530.000

3,0

52.590.000

82.250

10
82.250

89.255

200

17.851.000

3,0

53.553.000

96.260

11
96.260

82.718

200

16.543.600

3,0

49.630.800

69.175

12
69.175

66.538

200

13.307.600

3,0

39.922.800

63.900

13
63.900

65.013

200

13.002.600

3,0

39.007.800

66.126

14
66.126

80.963

200

16.192.600

3,0

48.577.800

95.800

15
95.800

80.400

200

16.080.000

3,0

48.240.000

65.000

16
65.000

64.750

200

12.950.000

3,0

38.850.000

64.500

TOTAL

-

1.075.838

-

215.167.600

-

645.502.800

TABLE 2(±í2)

µØÖÊ×ÊÔ´µÄCubage ´Ó²úÌúµÄÐÎ×´

MACACOS AREA(MACACOS Çø)
Section

Nº

²¿·ÝºÅÂë
Área

(m²)

ÇøÓò
Median Area (m²)

ÖмäµØÇø
Influence Distance

Ó°Ïì¾àÀë
Volume

(m³)

ÊýÁ¿
Density

(d)

ÃܶÈ
Ton

¶Ö

17
0

28.598

200

5.719.600

3,0

17.158.800

57.195

18
57.195

50.067

200

10.013.400

3,0

30.040.200

42.938

19
42.938

43.534

200

8.706.800

3,0

26.120.400

44.130

20
44.130

50.853

200

10.170.600

3,0

30.511.800

57.575

21
57.575

73.088

200

14.617.600

3,0

43.852.800

88.600

22
88.600

102.363

200

20.472.600

3,0

61.417.800

116.125

23
116.125

129.963

200

25.992.600

3,0

77.977.800

143.800

24
143.800

121.513

200

24.302.600

3,0

72.907.800

99.225

25
99.225

95.225

200

19.045.000

3,0

57.135.000

91.225

TOTAL

-

695.204

-

139.040.800

3,0

417.122.400

5.2 - ²úÌúµÄÐÎ×´»¯Ñ§ÖÆÆ·ÖÊÁ¿

²úÌúµÄÐÎ×´µÄ±¾ÌåÊÇÊÓ¾õÉÏͬԴµÄºÍÌá³öÒ»±íÃæÒ×ËéµÄitabirito, 'chapinha' ºÍË®ºÏ, Óë°ë½ô´ÕºÍÒ×ËéµÄ³àÌú¿ó͸¾µ¡£ÔÚÕ⹤×÷±»Ìá³ö»¯Ñ§ÖÆÆ·½á¹û´Óµ¼¹Ü±»Ö´ÐÐÔÚtalus ´Ó·ºÍÆäËübassets ¡£Î¨Ò»»¯¹¤ÄÚÈݱ»·ÖÎöÁËÔÚÔªËØFe, SiO2, AI2.O3, P, Mn, CaO, MgO ²¢ÇÒTO2 %, ÓÐЧ¿ÉÄÜÊDZ»·¢ÏÖµÄÔÚ±í03:

GUTTER

Nº µ¼¹ÜºÅ

CHEMICAL EVALUATION - % »¯Ñ§ÆÀ¹À

Fe
SiO2
P
Al2O3
PF
Mn
CaO
MgO
TiO2

01

68,83

0,73

0,018

0,503
na

0,159

0,05

0,19
0,015

02

69,03

0,69

0,018

0,180
na

0,011

0,03

0,01
0,009

03
45,03

31,50

0,024

0,640
na

0,085

0,01

0,01
0,004

04

43,69

31,81

0,028

0,580
na

0,058

0,01

0,01
0,006

05

42,32

35,55

0,030

0,340
na

0,034

0,01

0,01
0,001

CHEMICAL QUALITY PER WELL(ÿ¾®»¯Ñ§ÖÊÁ¿)

WELL

Nº ¾®ºÅ
CHEMICAL EVALUATION %»¯Ñ§ÆÀ¹À

Fe
SiO2
P
Al2O3
PF
Mn
CaO
MgO
TiO2

01

44,86

28,89

0,054

1,420
na

0,094

0,02

0,01
0,041

02

49,42

23,00

0,076

1,070
na

0,068

0,01

0,01
0,024

CHEMICAL QUALITY PER DRILL HOLES(ÿ¶´»¯Ñ§ÖÊÁ¿)

SAMPLE

Nº ÑùÆ·ºÅ

CHEMICAL EVALUATION - %»¯Ñ§ÆÀ¹À

Fe
SiO2
P
Al2O3
PF
Mn
CaO
MgO
TiO2

01

66,51

2,28

0,021

1,010
na

0,045

0,01

0,29
0,032

02

47,56
30,24

0,012

0,520
na

0,051

0,01

0,01
0,009

6.0 - ½áÂÛºÍÍƼö

6.0 - ½áÂÛºÍÍƼö

´ÓMacacos ºÍCapela BrancaÌú¿óÐÎ×´´ÓÒýÉìÐÔ¡¢¹ã´óÐÔºÍ×ÝÉîÐÔÌá³öÁ˺ܴóDZÁ¦µÄÔ̲ØÁ¿¡£²¢ÇÒÁÚ½ü¿õ³¡¿ª²ÉÌú¿óµÄ¿ó³¡ÊÇÔÚ João Monlevade ³¤·½ÐÎÄÚºÍÀïÔ¼Piracicaba ±»²ÉÈ¡ÁË×÷Ϊ»ùµØ; ÕâЩÇøÓòµÄµ±ÖÐÒ»¸öÓÉSiderurgica Belgo Mineira Cia ̽Ë÷¹«Ë¾¡£ÔÚ30 Äê´úºÍ40 Äê´ú, µ«¹«Ë¾½ñÈÕ̽Ë÷µÄÊÇÄǸöÁÚ¿óÇø, Óиü´óµÄDZÁ¦Andrade µÄ¿ó¡£

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ÈÝÁ¿Ó¦¸Ã±»Ö¤ÊµÍ¨¹ý´Î¼¶±íÃæ²éÑ°¡¢´©¿×ºÍ»ò×ßÀÈ¡£
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-------------------------

Dear
My friend wanted to buy iron ore of brasil brazil fines Fe64.5% 600,000mt monthly*2 years;wanted to import pellet 100,000mt
If you offer iron ore and export,SGS+POP+FCO+Draft Contract to him,please;
He will give you LOI+BCL;

Regards
www.chensihong.org
Chen sihong
CEO
www.australia-brazil-china-india-iron-ore-bulk-vessel-ship-shipping.com

Dear
My friend wanted to buy iron ore of brasil brazil fines Fe64.5% 600,000mt monthly*2 years;
If you offer iron ore and export,SGS+POP+FCO+Draft Contract to him,please;
He will give you LOI+BCL;

Regards
www.chensihong.org
Chen sihong
CEO
www.australia-brazil-china-india-iron-ore-bulk-vessel-ship-shipping.com

chensihong@cableplus.com.cn
chensihong@chensihong.org
chensihong
Sent: Monday, December 27, 2004 4:01 PM

Indian Iron ore
TYPICAL & GUARANTEED SPECIFICATIONS:

SPECIFICATIONS:

CHEMICAL: (on dry basis)
GUARANTEED Fe: 63.5% MIN (rejection Fe<62.0%)
SiO2: 4.0% MAX
Al2O3: 4.0% MAX
AS: 0.03% MAX
P: 0.06% MAX
MOISTURE 8.00% MAX

PHYSICAL (on wet basis)
0-10MM ABOVE 10 MM 95%
BELOW 10MM 5% MAX
MIN BELOW 0.15 MM 30% MAX
MOISTURE CONTENT: FREE MOISTURE LOSS AT 105 DEGREES CENTIGRADE SHALL NOT EXCEED 8%.

Brazilian Iron ore
Offer No. 1

We have high quality Brazilian Iron Ore available. The minimum quantity is
150,000MT per Month and requires a 1-year minimum contract. The supplier
can supply up to 400 Million Tonnes per year having merged with nine more
mines.

SPECIFICATION:

Fe 65.50% Rejection Below 63.00%
Al2o3 2.00% Max
Sio2 3.00% Max Rejection over 5.00%
Sulphur 0.003% Max
Phosphorous 0.06% Max
Mn 0.10% Max
Origin: Brazil
Shipping: Minimum 150,000MT Vessels.
Packing: In Bulk

Price: Pricing Per Month x 12 Price per MT
150,000-299,000MT USD 76MT
300,000-499,000MT USD 74MT
500,000-999,999MT USD 73 MT
1 Million -1.9 Million MT USD 72 MT
2 Million - 2.9 Million MT USD 72 MT
3 Million and above MT USD 72MT

Prices are CNF ASWP.

Offer No. 2

BRAZILIAN IRON ORE 64.5% FINES
Minimum 60,000 mt/month
Maximum (no maximum quantities)
CIF Price:
60,000 500,000 mt/month - $73.00
over 500,000 mt/month - $70.00
Please consider Prices as Soft Quotes.

SPECIFICATIONS:

Fe 64.5%
SiO'2 3.5%
Al2O3 3.5%
P 0.07%
S 0.07%
MOISTURE 10.0%
PHYSICAL COMPOSITION (on dry basis):
SIZE:
Below 10 MM (100Mesh) 90%
Rejection below: 63.00%

With the 64.5% Iron Ore supplier needs the exact LOI as shown below.

--------------------------------------------------------------------------------

SHOULD BE BUYER¡¯S LETTERHEAD

Date Issued: Date must be less than 3 days old

LETTER OF INTENT

TO:
THROUGH:

FROM: (Buyer¡¯s Name goes here)

We, (Buyer¡¯s Name goes here), hereby state and represent that it is our intention to purchase, and we hereby confirm that we
are ready, willing and able to purchase the following commodity as per the specification and in the quantity and for the
price as specified in the terms and conditions as stated below.

COMMODITY: Iron Ore
ORIGIN: Brazil
SPECIFICATION: 64.5 % Fe content

COMPOSITION:

Fe 64.5%
SiO2 3.5% MAX
AL2O3 3.5% MAX
Phos 0.07 & MAX
Sulphur 0.07% MAX
Moisture 10.0% MAX (Loss at 105 degree)
Physical Size: < 10 mm 90% MIN

QUANTITY: (insert monthly requirement here) MT per Month
CONTRACT LENGTH: XX Months
LOADING PORT: As per supplier, 30-45 days after receipt and acceptance of LC by Seller
DESTINATION PORT: (insert port of delivery here)
TARGET PRICE: (Should be Invoice Price to Buyer including commissions)/MT
SHIPPING TERMS: CIF
DELIVERY TIME: (insert approximate month of 1st shipment here)
INSPECTION: Quality, Quantity, Weight by SGS certified agencies at seller¡¯s cost at loading port.
PAYMENT: (Indicate Payment option from list below)
PBG: 2% to be submitted by seller
LOI VALIDITY: 14 days from the date of issuance

PAYMENT OPTIONS AVAILABLE

1. IRREVOCABLE, REVOLVING, TRANSFERABLE, CONFIRMED LETTER OF CREDIT.

On a 12-month contract the Maturity Date would be 2 years and 35 days. First drawdown is 1 year and 35 days with each subsequent drawdown in 30-day increments, freeing up
cash for the Buyer in that first year. RLC may be used for a duration of 1, 2 or 3 year durations.

2. BANK GUARANTEE or STAND-BY LETTER OF CREDIT.

Either used for a 1-year and 45 days duration. BG or SBLC will be cashed in full one year and 1 day after it is opened. On large quantities with this payment option it is possible that a further discount may be negotiated

PROCESS

1. Buyers open non-operative LC
2. Seller issues POP as follows:
a) Previous Shipping Documents for multiple shipments (sanitized)
b) Previous SGS reports for the above shipping documents (sanitized)
c) Previous Bill of Lading (sanitized)
3. Seller issues 2% Performance Bond
4. Buyer opens Mode of Payment to Seller
5. Shipments commence

The following table is for Buyer¡¯s information and banking details:

(ALL BANKING DETAILS MUST BE PROVIDED)
Company Name:
Company Address:
Contact Person:
Telephone:
Fax:
Email:
Company Bank: (Should be Top 25 World Bank)
Bank Address:
Bank Complete Telephone Number:
Bank Complete Fax Number:
Bank SWIFT/ABA/Routing Number:
Bank Account Number:
Bank Account Holder:

(These clauses must be included on LOI from Buyer)

Sincerely Yours,
www.chensihong.org