Low Cost High-grade Iron Ore FOB Qingdao, China and Rotterdam, Netherlands Iron Ore Port

Through its involvement in the mining sector and the steel industry, the Giuelith Timantti Ltd. Metal Trading Company has an opportunity to promote environmentally and socially responsible mining across its portfolio and to provide examples of best international practice to the relevant governments in areas such as environmental and social management, health and safety improvements, energy efficiency and revenue transparency as guiding principles. Giuelith Timantti Ltd. recognizes that mining and the revenues that flow from it can offer unique opportunities to develop more resilient and diversified local economies which will continue to prosper after the closure of the mining project. The bank’s and the mining companies involvement in these projects can be an important opportunity to help develop the mining value chain vertically through the promotion. Achieving long-term economic development through company-supported initiatives can be complex and challenging. Therefore successful initiatives meaning create shared value by aligning mining clients’ business goals with the development of the local business market. By strenghten our policy and position as a major seaborne iron ore trading company in the main hub for iron ore and seaborne iron ore trade we belive we can provide the most sustainable development for connecting demand from steel plants to the available mining offers, iron ore offers, and metals but also help create a robust benchmark for the industry. A greater globalization and consolidation in the steel industry is what our days are based on. Currently global steel production is above 1bn tonnes and we expect it to reach 1.5bn tonnes sometime between 2015-2020. Over the last 15 years consolidation in crude steel production has progressed at the rate of approximately 7% per annum. In other words the percentage of crude steel production under the control of the largest five producers of such product, has increased not by 7 percentage points per year, but by 7% from its base starting point 1995. This should be contrasted with growth in total steel production on a per annum basis over these 15 years of about 3% per annum. There is a progressive consolidation of crude steel production. If this trend line is carried forward over the next 15 years to the year 2020, approximately 40% of crude steel production will be in the hands of five companies. It is in these facts that the role of the Giuelith Timantti Ltd. Metal Trading Company comes clear to be chosen for the cooperative party and resource on contractual relations between iron ore suppliers, seaborne iron ore supplies and steel plants. Today our main iron ore trading units are based in Rotterdam, Netherlands, Northwest Europe, and Qingdao port, Shandong, People's Republic of China. Since the Pilbara Blend declared that they will comprise 15% of the world’s seaborne iron ore trade we are gearaing up to be able for handling inbound iron ore to all other ports in China as well. The management of the Giuelith Timantti Ltd. Metal Trading Company is situated with headquarter in London, UK. with operations and projects in Norway for iron ore exploration, mine development, beneficiation, materials handling and storage, logistics and port facilites optimization and loadouts. Whether your project is large or small, straightforward or complex, you'll be able to get a contractural trade benefit from our operations worldwide upon request. Because we are providing full service solutions upon criterias of the markets. We work continuously to improve and renew us in our efforts to respond to market growth. With over 20 years of experience in the mining sector we have the right knowledge, network, and we are flexible in implementing and locating human resources where natural resources are based. Qingdao port, Shandong, People's Republic of China is the world's largest iron ore port for handeling inbound iron ore and Rotterdam is the center of the steel industry in Northwest Europe. Qingdao port is the main arrival for seaborne iron ore trade handeled from China, Australia, India, South Africa and Brazil. The Rotterdam, Netherlands Iron Ore port plays a prominent role in the handling, storage and transhipment of iron ore for steel producers in the German hinterland in particular. Almost 50% of all overseas imports of iron ore in Northwest Europe arrive via Rotterdam. With a depth of 75 feet, even the largest bulk carriers (Berge Stahl) in the world can dock here unrestricted. In the port, there are two large bulk terminals for the handling and storage of iron ore: EECV in the Europoort and EMO on the Maasvlakte. EECV has three berths for capesize bulk carriers and is fully owned by the German steel concerns Thyssen Krupp Stahl and Hüttenwerke Krupp Mannesmann. The terminal only handles iron ore for use in the owners’ blast furnaces. EMO on the Maasvlakte handles ore for several steel producers in the hinterland and has four berths for capesize bulk carriers. About half of all iron ore arriving in Rotterdam comes from Brazil. The Port of Rotterdam Authority is the proactive manager of the port complex. The official Rotterdam, Netherlands Iron Ore Port website is - www.portofrotterdam.com Giuen Invest Management Ltd. (GMOL)

Giuelith Timantti Ltd. Metal Trading Co. United Kingdom

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