SPECIFICATIONS

Indonesian Steam Coal

Coal OriginIndonesiaIndonesia

Coal BrandCALSAN 65 CALSAN 55

Guaranteed Quality

GCV, Kcal/Kg (adb)6,5005,500

TM, % (arb)12.0034.00

IM, % (adb)5.0017.00

Ash, % (adb)12.00 8.00

Sulfur, % (adb)0.80 1.00

VCM, % (adb)42.0042.00

HGI, (adb) 45 50

Grain Size 0 50mm 0 50mm

Quantity/Shipment60,000 MT(+/-10%)60,000 MT(+/-10%)

Payment Terms By Irrevocable Letter of Credit (L/C) at sight covering the anticipated invoice amount in US Dollars by a First Class Bank, 20 days before loading schedule.

Loading PortTaboneo Anchorage, South Kalimantan

Tarahan Port, Bandar Lampung, South Sumatra

Loading Rate15,000 MT per day (Taboneo Anchorage)

20,000 MT per day (Tarahan Port)

Price

Adjustment

To be mutually agreed, based on Total Moisture and Gross Calorific Value.

Quality DeterminationQuality shall be as per certificate of Analysis (COA) issued by the Independent Surveyor commissioned by the seller for its importation of the cargo where offered volume comes from.

Quantity DeterminationThe quantity of coal delivered by vessel shall be determined at the loadport through a vessel draft survey conducted by licensed surveyor mutually acceptable to both parties.