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Date: September, 18th, 2012To Whom it may concernLetter of IntentWe, the charter acting on the basis with full corporate responsibility as the Buyer declare this order topurchase the following Goods for the terms as specified below:Terms of TransactionProduct: Copper OreSpecification: See Annex 1 and 2Quantity per Year: 960,000,000 MTQuantity per month: 80,000MTSchedule: 80,000 MT/Month to follow for the duration of the contract.Terms: 12 months with possible roll and extensionsDelivery: CIF ASWP with CIQ InspectionPrice: LME average price of ten trading days(LME x Factor x Cu%)Sales Term and Procedure: None Transferable Irrevocable Automatically Revolving documentary Letterof Credit (RDLC) covering one month%u2019s quantityOrOne month quantity value Bank Guarantee (BG), TT payment. END-BUYER releases payment to the END-SELLER and all Brokers/Agents same time outturn shipment delivered per slot via SWIFT fund transferwithin 5 banking days after inspection and discharge of cargo and receipt of all the relevant shippingdocuments.Inspection Terms: The SGS inspection will be borne by the Seller at the loading seaport and Buyer at theunloading seaport.Performance Bond: 2% of the value of RDLC or BG to favor of the BuyerCu (Copper):Pb (Lead): 6 % maxAs (Arsenic): 0.5% maxCd (Cadmium): 0.05% maxF (Fluorine): 0.1% maxHg (Mercury) : 0.01% maxMoisture :Size: 0 %u2013 1 mm,Packing: 1 MT Big Bags or bulk in 20%u2019 containers dry.%u041F%u0440%u0438%u043B%u043E%u0436%u0435%u043D%u0438%u0435 2, %u0441%u043F%u0435%u0446%u0438%u0444%u0438%u043A%u0430%u0446%u0438%u0438 2Cu (Copper):Pb (Lead): 6 % maxAs (Arsenic): 0.5% maxCd (Cadmium): 0.05% maxF (Fluorine): 0.1% maxHg (Mercury) : 0.01% maxMoisture :Size: 0 %u2013 1 mm,Packing: 1 MT Big Bags or bulk in 20%u2019 containers dry.15.0% Min, rejection below 14.0 %10% max25.0% Min, rejection below 20.0 %10% max