PT. JASA MUTU MINERAL INDONESIA Coal & Energy Services J Rapak Indah 189 Samaria, Kabmantan Timur Indonesia "el +62 641 6276686 Fax, +62 541 6276887 Email: marketing@mutueneeay com, www mutueneryy.com DATE: MAY 18, 2020 Cert No. 443/COA.MES/V/2020 (TIFICATE. AND ANALYSIS VESSEL MY. KARIMU QUANTITY ‘55,000 MT SHIPPER —S ‘JL, GERI MUKTI NO. 05 .H MERAH, SAMARINDA UTARA SAMARINDA, KALIMANTAN TIMUR (ON BEHALF OF ECO TROPICAL RESOURCES PTE LTD 531 UPPER CROSS STREET NO. 03-48 HONG LIM COMPLEX, SINGAPORE 050531 CONSIGNEE : TOORDER NOTIFY PARTY : NINGBO HUAMAO INTERNATION O,LTD 17™ FLOOR, HENG FU BUM ING ROAD, JIANGDONG DISTR B PORT OF LOADING ADANG BAY R a, INDONESIA PORT OF DISCHARGING _: (ANY PORTS DESCRIPTION OF INON-COKING) COAL IN )NESIAN ORIGIN LOAD DATES: MAY 05 UP TO MAY 14,2020, Gross samples were taken dyring jie} \holdance with ASTM Standard Methods. Samples were prepared and analyzed in accordance with ASTM Stahdard Methods and showed the following average results. Parameters Basis Results Unit ‘Total Moisture (ARB) (24.44 PCT Inherent Moisture (ADB) 177 pcT Ash Content (ADB) 9.30 PCT, Volatile Matter (ADB) 42.52 PCT Fixed Carbon a (ADB) 36.41. BY DIFFERENCE Total Sulphur (ADB) 037. PCT. Gross Calorific Value (ADB) 5637 KCALIKG Gross Calorific Value (ARB) 4828. KCALIKG HGI 48 ‘SIZE 0- 50MM 82.66 PCT ‘Ths corals reflects the ndings atthe time ard place determined indicated above only and doesnot referto any other matters ‘This is survey bas been cared outto the bes of our knowledge and abity and our responsibly ilirted to the exercise of reasonable care ‘Tiss cortcae is issued without prejudice and our responsi is ited tothe excercise of due care and digence MES - 508