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Indonesian Steam Coal

Product Details:

Application	Steam Coal
Place of Origin	Indonesia
Model Number	CV5800 ADB

Payment & Shipping Terms:

Minimum Order Quantity:	40,000 Metric Ton
Price:	FOB Kalimantan USD 88
Packaging Details:	Bulk to MV
Delivery Time:	45 days upon confim receipt of LC
Payment Terms:	L/C
Supply Ability:	100,000 Metric Ton per Month

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Detailed Product Description

Commodity : Indonesian Steam Coal in Bulk
Origin : Kalimantan, Indonesia
Chemical Specification :

Item	Guaranteed / Limit	Rejection Limit
Total Moisture (ARB)	28% - 32%	> 32 %
Inherent Moisture (ADB)	14% - 16%	> 16 %
Ash (ADB)	10% - 14%	> 14 %
Volatile Matter (ADB)	40% - 45%
Total Sulphur (ADB)	0.8% - 1.0%	> 1%
Fixed Carbon	40% - 45% By Difference
Gross Calorific Value (ADB)	5,800 Kcal/kg	< 5,600 Kcal / Kg
HGI	45 50
Size 0 50 MM	85 %

? Quantity of Coal Supply : 40,000 MT / month +/- 10%

? Contract Period :12 Months Minimum

? Delivery time : First two months shipment 30-45 days after receives confirm LC. Next will be 30days after last shipment. 1^st lay can possible in middle August 2008.

? Quality Certification :Quality and Quantity determined at loading port by an acceptable independent inspector (Succofindo or Geoservices)

? Term of Payment : 100% LC on sight, irrevocable non transferable from any international Prime Bank.

? Price : USD88 FOB Mother Vessel to be advise by Seller for one (1) month and subject to review

? Price Review : Every month

? Terms and Condition : Will be defined in the contract after receiving letter of confirmation order/purchase.

? Performance Bond : 2 percent to be assured by Seller

? Offering Validity : 16^th August 2008

? Procedure :

? FCO buyer give confirmation with sign seal and return or ICPO.

? Buyer send draft SPA contract for review by both side

? SPA contract sign

? Mining inspection 1 week after signing SPA contract