Contract No.: 2012-LKB Seller‟s Code:

RW/xxx/FE645Q50K Buyer‟s Code: Sale & Purchase Contract for Iron Ore 铁矿砂购销合同 Contract No. / 合同号: 2012-LKB Contract Date / 合同日期: _______________ The Seller / 卖方( hereinafter known as “Seller” / 以下

称为“卖方” ): Royal World International Ltd. 皇华国

际有限公司nd A company fully registered and addressed at Unit 202, 2 Fl., Block B, Chung Mei Centre, 15 Hing Yip Street, Kwun Tung, Kowloon, Hong Kong) represented by its Chairman CEO and full power of attorney Mr. Roger M.T. Chong. 以董事长 Roger M.T. Chong 代表该公司, 并作为卖方, 其注册地址位于香港

九龙兴业街, 15号, 中美中心B座, 2 楼202室)。The Buyer/ 买方( hereinafter known as “Buyer” / 以下

称为“买方” ): XX XXX Limited () A company fully registered and addressed at xxxxxx, represented by its Chairman CEO and full power of attorney Mr. xxxxxxxxxxxxxxxxxx. 以董事长xxxxxxxxxxxxxxxxxxx 代表该公司, 并作为卖方, 其注册地址位xxxxxxxxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx。This Contract ( hereinafter known as “Contract” / 以下称为“合同” ) is made by and between the Seller and the Buyer whereby the Seller agrees to sell and the Buyer agrees to buy the under mentioned Product, on the terms and conditions stated below: 买卖双方同意按照本合同下列规定条款和条件交易: Clause-1 Commodity / 条款-1 商品名称Latin American / el Salvador and Honduras iron ore ( hereinafter known as “Product” / 以下称为“货物” ) according to the specifications in clause three(3): Iron ore of Fe 63.5% on dry basis. 拉丁美洲/ 薩爾瓦多和洪都拉斯铁矿砂按条款(3)所定之品质规格: 铁矿砂含铁量为63.5%干基。Clause- 2 Order Quantity and Shipment / 条款-2 合同数量和装船Total quantity: 50,000 DMT( Fifty Thousand Dry Metric Tons +/-5%) 合同总数量: 50,000干公吨± 5%。Seller‟s initial 1/18 Buyer‟s initial

Contract No.: 2012-LKB Seller‟s Code: RW/xxx/FE645Q50K Buyer‟s Code: Shipment size: 50,000 DMT per vessel +/- 5%. 每船装运: 50,000 干吨 ± 5%。 Delivery schedule: 50,000 DMT. The shipment

within 30 days after Seller in receipt of Buyer‟s L/C. 交

货船期: 每月交货50,000干吨. 首月交货在卖方收到

买方信用证后30 天内装运。 Port of loading: Puerto Cortez.装货港:Puerto Cortez。Port of discharge: Tianjin New Port, China. 卸货港: 中国xxxx新港。Discharge rate at port of discharge: Minimum 20000 DMT per working day guaranteed by Buyer 卸货港之卸

货率: 每个工作日至少20000干公吨由买方保证。Clause- 3 Guaranteed Specification / 条款-3 品质规格

保证 Clause- 4 Price / 条款- 4 价格 Price based on Fe 63.5% dry basis: USD$xxx.00/ DMT CIF Tianjin New Port , China. 价格以含铁量干基63.5%为基础: 每

干吨为128美元CIF中国天津新港(成本加保险加运费)。 Elements / 元素 Guaranteed / 保证 Rejection / 拒收 Below 61.5% 以下 Fe 63.5% AlO 1.16% max Above 2% 以上23SiO 5.39% max Above 6.00% 以上

2P 0.01% max Above 0.07% 以上S 0.01% max Above 0.09% 以上Moisture / 水分8% max fee moisture at 105C 在105C下最多不超过8% Granular size / 粒度 Below 2.5cm (70% min) / 2.6cm to 5cm (30% max) 2.5cm以下最少70% / 2.6cm至5cm

最多30% Remarks: Contracted price will be adjusted