1. Matter: Copper Ore (Not concentrate)
2. Origin: Colombia
3. Destination: Any
4. Content: (Percentage According Table)
5. Rejection: < 6%
6. Sizing: From 5 mm up to 50 mm
7. Quantity: First shipment Min 1.000 mT, Following ones Up to 25.000 mT per
month (Or higher according product availability)
8. Contract type: 12 Months with automatic renewal up to 60 months
9. Packing: Polypropylene Big Bags in 20’ GP Containers / Bulk in 20’ GP
containers / In Bulk
10. Pricing: London Metal Exchange (Cash Seller Settlement) x Copper content
(% Cu according table) x Reduction Factor (According table) ] x Quantity (DMT)

Copper Content Reduction
Factor
Cu >= 06 % <= 07.99 % 48 %
Cu >= 08 % <= 09.99 % 50 % --- > Typical
Cu >= 10 % <= 11.99 % 52 % --- > Typical
Cu >= 12 % <= 13.99 % 56 % --- > Typical
Cu >= 14 % <= 15.99 % 60 %
Cu >= 16 % <= 17.99 % 64 %
Cu >= 18 % <= 19.99 % 68 %
Cu >= 20 % <= 21.99 % 70 %
Cu >= 22 % <= 23.99 % 72 %
Cu >= 24 % <= 25.99 % 74 %
Cu >= 26 % 76 %

11. General specs and Hazardous elements:

Total Moisture <= 12 %
Copper Content (Cu) >= 8.0 %
Lead Content (Pb) <= 6.0 %
Fluorine content (F) <= 0.10 %
Arsenic content (As) <= 0.50 %
Cadmium content (Cd) <= 0.05 %
Mercury content (Hg) <= 0.01 %

12. Payment: Documentary Letter of Credit, Irrevocable, Confirmed, At sight from
world top 20 Banks, or Bank Transfer after contract signature. We don’t work DP
13. Sampling and analysis: Sampling, sealing of bags, analysis, weight and
containers sealing by SGS
14. Incoterms: FOB (Free on Board)
15. Availability: Immediate
16. Delivery: First shipment: 45 days. Following ones every 30 days
17. Loading Port: Port of Santa Marta