COMISA Project Sinter fines, Pellet feed & Lumpy ore ex Brasil

Together with its partners CBM Consorcio Brasileiro de Mineraçôes Ltda. who operate an iron ore mine in the vecinity of Belo Horizonte, Minas Gerais, Brazil, E&C Trading Ltd. is deeply involved with the setup of a new Iron ore exporter in Brazil. The project company named Cia. de Mineração Serra Azul - COMISA has been established and feasability studies are being conducted. Following products are foreseen to be produced:

Sinter fines (5 million tons per annum)

Analysis:

Fe	66.0 %
SiO2	3.25 %
Al2O3	1.2 %
P	0.06 %
S	0.004 % max.

Pellet feed (1 million tons per annum)

Analysis:

Fe	67.5 %
SiO2	1.6 %
Al2O3	1.35 %
P	0.09 %
S	0.004 % max.

Lumpy iron ore (2 million tons per annum)

Analysis:

Fe	62.5 %
SiO2	8.0 %
Al2O3	1.5 %
P	0.05 %
S	0.004 % max.

Pictures taken at the mine March 2011

To take the project to the production stage we are inviting interested investors, customers to sign letters of intent and contracts in order to secure deliveries with additional benefits from this very competetive new source.

For further information please contact us.

E&C Trading Ltd., Allrüti 18c, CH-6343 Rotkreuz / Switzerland

Tel. +41 41 790 60 90
Fax +41 41 790 72 92