Furumaru Technology Co.Ltd.

Dear Mr.Allen Chu

Below is the offer for nickle ore:-

Commodity : Nickle ore 1.8% - 1.7%

Origin : Indonesia

Quantity : 50,000 MT / month for a start. Higher quantity may be possible after smooth & successful 1st shipment.

Price : USD 61 / MT C.I.F. China South Port

Payment : Irrevocable LC 100% at sight.

Loading rate : 6,000 MT per weather working day of 24 hours.

SPECS : Item Guanteed Reject

Nickle (Ni) 1.8% 1.7%

Moisture (ARB) 3.2% max 3.5%

Magnesium oxide (ADB) 18% max

Total iron (ADB) 18% max Up 20%
Sulphur trioxide (ADB) 0.02% max

Silica (ADB) 45% max

Phosphor 0.02% max

Please let me know if have are interested.

Thank you.

Regards,

Ben Fung

Furumaru Technology Corp.

TEL: 852-5106 3288

Fax: 852-3523 5225

Hp: 852-6139 0990