


We have 2 (two) iron ore mine concessions at West Sumatra, Indonesia and need a bona fide investor to develop our concessions with term and conditions as follow:
Concession 1
Wide of Area 500 hectares
Legality Exploration Permit.
Fe Total 63.70%
Reserve of deposit +/- 20,000,000 mt
Distance to Port +/- 110 kms (3 hours)
Must build 11 kilometers access road from province road to site mine
Loading Port Teluk Bayur, Padang
Vessel Capacity 30,000 DWT
Concession 2:
Wide of Area 193,7 hectares
Legality Exploitation Permit
Fe Total 65,93%
Reserve of Deposit +/- 4,000,000 mt
Distance to Port +/-245 Kms (5 hours) with province road facility
Already have access road with distance 8 kilometers, wide 10-12 meters
Loading Port Teluk Bayur, Padang
Vessel Capacity 30,000 DWT
We invite a bonafide investors to joint venture with us to develop our iron ore concession with two (2) schemes:
- Investor will manage all operation to produce iron ore, and we receive fee royalty basis per metric tonnes with FOB Mother Vessel basis.
- We manage all operation to produce iron ore, and investor as a sole buyer will give us a down payment for one year minimum exclusive contract.
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