PACKING: Bulk in Containers or Break Bulk. QUANTITY: BRM is able to supply up to 10.000 to 20.000 MT every 30 to 60 days in recurring shipments. CONTRACT PERIOD: 12 (twelve) months with rolls and extensions. TERMS OF DELIVERY: The mineral commodity will be delivered by incoterms FOB (Free on Board). QUALITY: Available content will have a 22% TiO2 basis. PRICE: The commodity is valued at U$300 MT FOB Brazil. TRIAL: The SPOT Trial shipment shall consist of a total quantity of 540 MT +/- 10% of Titanium Slag or upon agreement. PAYMENT: Parties agree that the payment will be made by LC, SBLC or TT as per 100%. INSPECTION: Parties mutually agree that SGS or an internationally recognized first class independent surveyor company shall be appointed at loading terminal, to assess the quality and quantity of the cargo according to the provisions herein stated. Guaranteed Grades: TiO2 22,9% / Al2O3 61,79% / CaO 8,43% / Fe2O3 2,56% / MgO 1,78% / SiO2 1,80% / C 0,10% / S 0,01% / Na 0,56% / ZnO 0,13% / CuO 0,02% / MnO 0,02%