Exhibit 10.7


 





Form
of Coal Sales Contract


Contract
No.:                                  



 


 


Party
A (Seller):


Party
B (Buyer): Liulin Junhao Coking Coal Trading Co., Ltd.


 


In
order to protect the legitimate rights and interests of both parties, the Party A and Party B enter into a contract after reaching
an agreement on coal transaction through friendly negotiation in Liulin County of Shanxi Province on in accordance
with relevant provisions of Contract Law of People's Republic of China in order to ensure compliance of both parties.


 


I.
Name of goods: coking coal; quantity: t; price: RMB /t (inclusive of full amount of value-added tax)
Quality standard of goods:


 


	Ash
    (Ad)	Sulfur
    (St, d)	Volatile
    matter (Vdaf)	Value
    G	Value
    Y
	≤13.5%	≤0.75%	≤24%	≥85	≥15


 


II.
Delivery of goods: the Party B picks up the goods.


 


Consignee:                                 
; phone number:                                  



 


Quantity
to be delivered: the quantity of coking coal weighed by Party A shall prevail, and the Party A shall supplement 2% as loss.


 


Place
of delivery:                                  



 


Delivery
of the goods shall be completed when the consignee of Party B picks up the goods.


 


III.
Contact person of Party A:                                 
; phone number:                                  



 


IV.
Date and method of delivery, and burdening of relevant expenses


 


		1.	Date
                                         of delivery: the actual condition shall prevail.



		2.	Transport
                                         and expenses: the Party B shall be responsible for transporting the goods and bears the
                                         transportation expenses.



 






     


     


    

  


V.
Terms of payment and date of payment


 


		1.	Terms
                                         of payment: spot exchange






		2.	Date
                                         of payment: the Party B shall pay off the payment for goods since the date of signing
                                         the contract.



 


VI.
Execution and alteration of contract


 


This
contract shall take effect when both parties stamp and the authorized representatives sign their names. During performance of
the contract, both parties cannot change or terminate the contract arbitrarily; if alteration of the contract is required, one
party can alter the contract after getting the written approval from other party, and both parties shall reach an agreement on
the matters to be altered before alteration. If both parties fail to reach the agreement, the party putting forward alteration
shall still comply with the contract and implement the contract continuously; or it shall be deemed as breach of contract.


 


VII.
Responsibilities for breach of contract


 


Any
party failing to fulfill the obligations under the contract in accordance with the contract shall fulfill the obligations and
compensate the loss caused thereby of the other party.


 


VIII.
Resolution of disputes


 


If
disputes occur during performance of the contract, both parties shall solve through negotiation first; in case no settlement can
be reached, any party can file lawsuit to the people's court of the place where the Party A is located.


 


IX.
The contract is in quadruplicate with each party having two copies. The contract shall
take effect when both parties sign with seals; and each copy has the equal legal effect.


 


	Party
        A

        Company
        name: (seal)

        Authorized
        representative:                                  

        Bank
        of deposit:                                  

        Account
        No.:                                  
	Party
        B

        Company
        name: (seal)

        Authorized
        representative:                                  

        Bank
        of deposit:                                  

        Account
        No.: