CIRCULAR - 006c-083-0422-016-SCO - wastes production of ferroalloys

THE SOFT OFFER

We, JURIDICAL COMPANY « SULIMOVSKIY and Co », representing interests of the Seller, inform you, that the Seller is ready and wishes, to make delivery of the goods ordered by you in full, on below resulted conditions:

Name of product: wastes production of ferroalloys

Origin, country: Georgia

Total: 700,000 tons

Contract period: 1-3, with the prolongation of up to 5 years

Quantity: 20,000 MT per month for 12 months

Quality:

Name Share of mass element

Pieces of in

%% Si Al Mg Ca Fe Mn Ni Ti Cu Pb O2

20-25 10-12 4-6 18-22 0,4 20,4 0,03 0,75 0,001 0,02 The resrt

Dimensions (fraction): 0-10 mm

Form of packaging: Bulk

Price: $ 35 per ton

Type of delivery: FOB port of Poti, Georgia

Form of payment: Irrevocable, divisible Letter of Credit disclosed by providing shipping documents

Inspections: SGS

Procedure:

1. Buyer submits LOI

2. Mandate of the Seller issues FCO

3. Buyer returns signed and stamped FCO + BCL.

4. Seller issues Contract and coordinates and signs on E-mail.

5. Buyer and Seller sign and exchange contracts (DHL).

6. Buyer Bank provides pre advice (RWA) - Seller Bank provides the letter of Bank on presence the POP.

NOTE: If the Buyer CAN NOT or DOES NOT WANT to let out BCL, I ask to not enter polemic and

discussions on a question of purchase of the goods.

At the answer, I ask to refer to number of the Circular.

Director: Victor Sulimovskiy