Switch Mobile Co.

we are pleased to send you our Corporate Offer of Iron Ore of Chilean origin, project located in Cha±aral, or the other proyects in Copiapo III Region of Atacama.
Incoterms: FOB
Product: Sinter Feed FeT *2% (Dry concentrate)
FOB Price: Platt Price €“ *0% (Platt price minus *0%, with a minimum base price of *5 USD per ton.)
Quantity: *0.**0 €“ **0.**0MT (+/- 5%) (per month) Grade: FeT *2% FeT
Conditions:
1. The first shipment will be available in *5 days for *0,**0 tons
2. After the second shipment, the quantity per month will by *0,**0 tons.
3. *8 Shipment contract
4. Payment Terms: The Payments is by DLC letter of credit, Irrevocable, operative, transferable and Confirmed with the revolving system by a European, American or HSBC Bank or other first line Hong Kong Bank. The letter of credit will be sent to the seller within 3 working days after the signing of this contract. Initial contract *8 months.
5. Specifications:
SIZE, **0% below *0 mm CHEMICAL COMPOSITION:
FeT: *2%; Rejected FeT *0%
P : 0,*5% Max. ; 0,2% Rejection
S : 0,*5% Max. ; 0,2% Rejection
AL2O3 : 3,*0% Max. ; 3.5% Rejection
6. Origin, Chile, Port of shipment: Barquito or Caldera or Totoralillo or Coquimbo
7. Price: FOB (Platt Price**0%, with a minimum base price of *5 USD per ton.)
8. Quantity
Shipments
Quantity (Tons)
1
*0,**0
2
*0,**0
3
*0,**0
4
*0,**0
5
*0,**0
6
*0,**0
7
*0,**0
8
*0,**0
9
*0,**0
*0
*0,**0
*1
*0,**0
*2
*0,**0
*3
*0,**0
*4
*0,**0
*5
*0,**0
*6
*0,**0
*7
*0,**0
*8
*0,**0
Total
**0,**0
9. Amount of the letter of credit of the contract will be in relation to the base price: (**0,**0 Ton) * (*5 USD/Ton) = *6,**0,**0 USD
Note: The difference between the base price and the real monthly price or per shipment (Platt **0%), will be paid by transfer at the time of shipment (BL)).
*0. Packing: Bulk
*1. Inspection: SGS