By Milner Societe General Egypt

Bentonite is a clay mineral which is largely composed of Montmorillonite, which is mainly a hydrous aluminum silicate. It is a highly colloidal and plastic clay with the unique characteristic of swelling to several times its original volume when placed in water. Mining Mining then begins by removing the overburden from the mineral deposit with the use of large earth movers. The overburden is then stockpiled nearby for reclamation after the bentonite has been removed from the bed. When contact with the bed is made, extreme care is taken to avoid contaminating the mineral deposit with the overburden, thus insuring the highest quality raw material. Care must also be taken to conserve as much bentonite as possible when trimming the overburden from the bentonite. When all the bentonite has been removed from the bed, reclamation can begin.

We are Milner Societe General Egypt.Hereby and confirm we are ready, willing and able to supply the commodity as per and the quantity for the price as herein after set forth. This representation is made with full corporate authority and responsibility of the above. We Hereby issue this OFFER with given terms and conditions, for the following product information:

COMMODITY:

(Bentonite)

ORIGIN:

The origin of the (Bentonite) will be from Egypt.

PACKING:

In bulk - In big bag ***0 Kg.

PRODUCT QUALITY AND SPECIFICATIONS:

The representative of SGS or compatible World Class Inspection organization at the port of loading shall confirm the product quality conforms to the following specification:

Average Chemical Assay for Bentonite Origin – Milner Societe General EgyptMines, Egypt

Chemical analysis :

Sieve analysis :

DELIVERY:

CIF or FOB. First shipment within ****5 days after acceptance of the SBLC or BG and LC

INSPECTION:

Quality, quantity, weight and photo by Société Générale de Surveillance (SGS) or substantially equivalent, internationally approved agency, at Seller’s cost at port of loading.

Product sell and payment terms:

Buyer and Seller agree to the following quantity and price of payment. The Agreement price, as quoted, is subject to the Irrevocable, Confirmed and Non-Transferable, Indivisible Letter of Credit to be issued for the total quantity and covering hall shipments value.

SPECIAL CONDITIONS:

LOADING: all costs at the port of loading for the account of the seller

DISCHARGE: all costs at the port of discharging for the account of the buyer.

INSURANCE: Provided by buyer In accordance with ICC rules and the terms and conditions of this Agreement, insurance is for the seller’s account and his sole responsibility.