Minex Corporation Sdn Bhd. 1628, Jalan Batu Sinar, Taman Bandar Baru, 31900 Kampar Perak Darul Ridzuan Malaysia Tel: 05-4662632 Fax: 05-3236036 31 October, 2007 ref: jz-311007-04 Mr. Dai Jing General Manager Jinzhou Hengli Ferroalloy Co.,Ltd. No.445-46 Beiyili ,Guta District Phone: 86-416-2939777 Mobile: 8613840674160 Fax: 86-416-2931118 E-mail:celiat03@yahoo.com.cn Re : OFFER OF ILLEMINTE I am Howard Woon, Commercial Manager of Minex Corporation Sdn Bhd, Malaysia. We specialize in the supply of Rare Earth Metals. We take the liberty to offer to your esteemed organization the following products: A. ILLEMINITE- IL-Ti566/IL-Ti539 Chemical Composition(%) I II IL-Ti539 IL-Ti566 FeO 19.3 8.08 Fe2O3 22.1 23.00 TiO2 53.9 56.6 P2O5 0.13 0.18 S 0.02 <0.01 Packing- In1 metric tonne beg. Shipment- November/December 2007 Quantity- 150mt/mth Kindly forward your inquiry to: PIC : Mr. Howard Wen Mobile : 006 012 5056910 Email : howardwen.minex@gmail.com Thank you Regards, Howard Wen