Iron Ore to be supplied under the present contract shall conform to the specifications and standards specifically set out below: Chemical Composition (on dry basis, percentage by weight) Guaranteed Fe 64.50% basis, 63.5% below rejection SiO2: 1.90% Max TiO2: 0.0022% Max Al2O3: 0.06% Max MnO: 0.011% Max MgO: 0.365% Max Na2O: 0.025% Max K2O: 0.01% Max P2O5: 0.04% Max P: 0.0011% Max S; 0.001% Max CaO: 0.0850% Max Moisture Content (Free moisture loss at 105 degrees centigrade): Guaranteed 8.00% Max) Physical size max. 10 mm. Physical Specification (Natural Basis): LUMP Nominal 50 mm â?? 90% min. as a load basis set by seller Physical Specification (Natural Basis): FINES â?? Buyer sets the size, normally either 10mm or less or 3 mm or less. Guaranteed Below 3.0 mm 1 mm 80% min as a load basis set by seller