IndiaMines International

4, Sahakari Marg 3, Choubey Colony Raipur 1, Chhattisgarh

Tel +91.771.2255809 +91.771.2236809 Fax +91.771.2255384
http:/ / www.indiamines.in iron.ore@indiamines.in

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PURCHASE INQUIRY
Iron Ore Pellets 64.0% Fe 63.0% Rej

Date of Issue: Monday, 27 January 2014
Valid Until: Wednesday, 29 January 2014

1. COMMODITY: IRON ORE PELLETS
2. SPECIFICATION: FE 64.0% (REJECTION 63.0%) See Below
3. ORIGIN: Indian
4. INSPECTION: By Recognized Independent International Assayer.
5. QUANTITY: 80,000 MT per Month, Annual Contract
6. PRICE: Best price to be Quoted by Supplier
7. TYPE OF CONTRACT: Annual Contract FOB Nearest Port or Ex-Plant basis
8. DELIVERY: Monthly Delivery
9. DISCHARGE PORT: Sellers Advise
10. PERFORMANCE BOND: 2% By Seller or to be mutually discussed.
11. SHIPMENT DATE: Monthly Delivery of Contractual Terms

SPECIFICATION:

















Bulk Density: 2.50 T/M3 CCS: > 225 kg (ISO 4700) Porosity
Physical Composition: 9-18 mm - 85% Minimum; Below 5 mm <5.00 %

We authorize Mr Srinivas of Vizag (+91.95832.64567) to carry out sourcing on our behalf.
We will be purchasing the goods through our subsidiaries Dhankuber Securities Pvt Ltd and
Alves Securities Pvt Ltd for our clients Raremetal Korea Co., Ltd and GST LLC.

Contact Person: Pankaj Saraf (+91.99933.97995/+1.607.999.333/+1.607.999.099)
Element Guaranteed Rejection Remark
Fe 64.00 % 63.00 % Min
SiO2 < 4.50 % > 4.50 % Max
TiO2 < 0.20% > 0.20 % Max
Al2O3 < 2.00 % > 2.50 % Max
Ni < 0.06 % > 0.06 % Max
V < 0.50 % > 0.50 % Max
AS < 0.01 % > 0.01 % Max
P < 0.05 % > 0.05 % Max
S < 0.02 % > 0.02 % Max
CaO < 0.07 % > 0.07 % Max
MgO < 2.00 % > 2.00 % Max