coal producer

HENGSHAN HOLDING GROUP CO.,LTD

6/F, Mingzhu Business Mansion, 108 Guoxin Road, Xinanjiang, Jiande, Zhejiang, China Tel:86-571-64070003 Fax:86-571-64070009

LETTER OF INTENT
Attention to: Mr Thalib Referred as the legal representative of the Nickel ore Producer To whom it may concern WE,(HENGSHAN HOLDING GROUP CO.,LTD), hereby declare and confirm that we are ready, willing and able to purchase the commodity as per specifications and the in the quantity and fort he price as specified in the terms and conditions as hereinafter set forth or joint operation with miner. This representation is made with full corporate authority and responsibility of the above. grade ADB

6300-6100 Commodity:Steam Coal GRADE: NCV3800 ,NCV4600 COUNTRY of ORIGIN: Indonesia NOTE:(Testing Agency Results will be final and binding at the Discharging Port) QUANTITY/TOTAL 250,000 WET MTRIC TONS (+/- 10%) per month or more on request QUANTITY: 250000 DTM (+/- 10%) per month subject to ship availability.
PACKING: Loose Bulk BASIS of DELIVERY: CIF Unless otherwise specified herein, INCOTERMS 2000 PARTIAL SHIPMENT: NOT ALLOWED TRANS SHIPMENT: NOT ALLOWED INSPECTION: INTERTEK will determine quality & quantity at the loading port. If we require an additional Inspection agency at loading port the cost of this survey will be at Buyer expenses.

HENGSHAN HOLDING GROUP CO.,LTD

6/F, Mingzhu Business Mansion, 108 Guoxin Road, Xinanjiang, Jiande, Zhejiang, China Tel:86-571-64070003 Fax:86-571-64070009 The inspection done at the destination port by CIQ represents the Buyer and the cost of Quality / weighing determinations shall be borne by the Buyer. Payment Letter of Credit DELIVERY July 14, 2012

shall be info the payment condition, 95% FOB vessel, and 5% CIF china port

BEGINNING OF DELIVERIES The first shipment / lot shall be effected within 30 (Thirty) calendar days after signing the contract. FORCE MAJEURE The Seller will not be hold responsible for failure to perform on time the schedule, if the delay is caused by force majeure in CHINA. PORT OF DESTINATION : NINGBO OR XIAMEN Port, China LOADING CHARGES All costs at the port of loading for the account of the seller DISCHARGES COST All costs at the port of discharge for the account of the buyer INSURANCE To be covered by the buyer, Buyer shall arrange for suitable marine insurance, for the material shipped by Seller at Buyers expense, details of their local insurance agency in China. TITLE & RISK Title shall pass from Seller to Buyer upon Buyer making payment. Risk of loss shall pass from Seller to Buyer upon loading containers on vessel.

Special Instruction:
This LOI provides the legal basis for the Sellers transfer of these terms and parameters for preparing of the draft contract and shall become an integral part

HENGSHAN HOLDING GROUP CO.,LTD

6/F, Mingzhu Business Mansion, 108 Guoxin Road, Xinanjiang, Jiande, Zhejiang, China Tel:86-571-64070003 Fax:86-571-64070009 of the future contract and valid for up to 5 days from the date presented to the Seller.

Other Terms and Conditions:

Other than those mutually agreed by buyer and seller, trade terms to have the meanings defined in ICC Incoterms 2000, as amended, for FOB sales; and shipping terms shall have the meanings defined by buyers charter party arranged for the delivery of the cargo. All terms and conditions related to this contract shall remain strictly confidential between Seller and Buyer. Disclosure to any third party is strictly prohibited except where banking needs may prevail. This LOI is subject to all parties agreeing to all the terms and provisions of the final signed contract. Once this LOI has been received by you the restrictions governing the privacy of both parties will come in to effect. BUYERS DETAILS Name of Company: Hengshan Holding Goup Co.,Ltd. Address: Xinanjiang, Jiande, Zhejiang, China Contact Person: David Ye E-Mail Address: crcoltd@gmail.com Telephone Number: 86-571-64070003 Facsimile Number: 86-571-64070009 Mobile Phone: +62 81218520114 Buyers banking information: BANK NAME: BANK OF CHINA ,ZHEJIANG BRANCH, JIANDE SUB-BRANCH ADDRESS: NO 193 XINAN ROAD TOWN JIANDE ZHEJIANG CHINA. ACCOUNT NAME: Hengshan holding group co.,ltd SWIFT NUMBER: BKCHCNBJ910 ACCOUNT NUMBER: 808039863808093014 BANK OFFICER: MR XU TELEPHONE NUMBER: 86-571-64785136

HENGSHAN HOLDING GROUP CO.,LTD

6/F, Mingzhu Business Mansion, 108 Guoxin Road, Xinanjiang, Jiande, Zhejiang, China Tel:86-571-64070003 Fax:86-571-64070009 IN WITNESS WHEREOF, the undersigned has executed this agreement on this date July 14, 2012. For and on behalf of the Buyer: Represented by: David ye Company Title: Hengshan Holding Group Co.,Ltd.