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manganese Ore Article 2 Specifications Concentrated Manganese Ore Size: 05mm (90% min) % Mn min. % % Fe max. % % Silica ( SiO2 ) max. % % Aluminum ( Al ) max. % % S max. % % P max. % Moisture max. 7% Article 3 Quantity: 500 MT, partial shipment not allowed. Article 4 Origin and Port of loading Republic of ABC Loading port: Article 5 Packing/Delivery In50 kg sack Incontainer Shipment, more or less 20 tons. Article 6 Shipment/Delivery 500MT(+/5%)partial shipment not allowed Shipment will be 90 days after signing of this contract and after the acceptance of the Letter of Credit by seller’s bank. L/C will be openedafter BuyerreceivingProforma Invoice from Sellerwith confirmation of the delivery schedule. The Buyer has the right to appoint the independent surveyor or his representative to conduct the Preshipment Inspection and/or conduct the jointinspection of the material with buyer for his own account. Article 7 Contracted Price and Values Price:Mn: 48% and above , China 40% % USD /%/DMTCFRCY Port, China The Mn content will be average of the jointinspection testing result at loading port. Article 8 Payment Payment shall be effected in full by an irrevocable Letter of Credit, which will be opened by 1stclass bank in Hong Kong or Singapore, 100% at sight upon presentation of shipping documents. A. Seller’s Banking Details: Bank Name : Bank Address : Account Name : . CODE SWIFT : B. Buyer’s bank issues L/C to the Seller’s bank