Molybdenum ore 50 - 60%mo

TERMS AND CONDITIONS:

Product: Ferro-Molybdenum (FeMo)

Origin: Mexico

Specifications:Minimun 50%mo. rejection below 45%moSi 1.5 Max.S 0.1 Max.P 0.05 Max.C 0.1 Max.Cu 0.5 Max.Sb 0.04 Max.Sn 0.04 Max.

Size: 10-150mm

Packing: 1MT jumbo bag / IRON DRUM , MAX 24tons/ 20' TEU5. Inspection: By B.V, CIQ , OR CCIC at loading port6. Quantity: Initial quantity: 1000 Metric tons at the beginning, then to be increased1000 MT per month, until 5000 MT per month can be supplied, by mutual agreement.

Load port:TBA.

First shipment: shall be ready maximum within 45 days after the receipt of L/C

INCOTERM: CIF ASWP

PRICE FORMULA:1. LME of the date x %mo x 70% (discount factor) (discount of 30% after LME X %mo)= CIF ASWP PRICE Final price open to negotiation depending on quantity.

PAYMENT: 100% Irrevocable , Confirmed, Non Transferable L/C payable 100% atsight against shipping documents, Buyer L/C issued by one of top 50 world approvebanks to Seller Bank within 5 banking days after signed Contract.

DOCUMENTS: Following documents are requested to be presented for payment onshipment:a) Clean on board bill of lading marked "freight prepaid" and blank endorsed.b) Certificate of weight and quantity issued by B.V,CIQ ,OR CCICc) Certificate of origin issued by Chamber of Commerce of the country of origin.d) Signed commercial invoice.e ) Packing list.

2%PB:End seller will be delivered after Bank of end buyer issues and delivers theDLC.