Cobalt ore 500-3500 mt per month EXW

Commodity: Cobalt Ore with a min. Cobalt content of 7%

Moisture: max 10%, Size: max 25mm, Non-Radioactive. All other specs as commonly accept in this trade.

Quantity: 500 to 3500 Metric Tonnes per Month.

Origin: DRC and Zambia.

Packing: In sealable bulk bags (Jumbo bags).

Delivery: EXW. Manica Warehouse Kitwe, Zambia.

Contract Length: 12 months with extensions and rollovers.

Price – The price basis is % of cobalt LME price basis cobaltcontent and will be adjusted on a pro-rata basis for thereported cobalt content.

The formula to be applied is: LMEprice x Cu content % x Discount (as per table bellow).

%CO 7% 8% 9% 10% 11% 12% 13% 14% 15%

%LME 36% 38% 39% 40% 41% 42% 43% 44% 45%

%CO 16%/17% 18% 19%/20% 21%-23% 24%-26% 27%-29%

30%-34% 35%-40%

%LME 46% 47% 48% 49% 50% 51% 52% 54%