Document:

Unassociated Document

    

      Exhibit
10.61

       

      Purchase
and Sales Contract of Coal

       

      
        
          
            
              
                	
                        Date
      of Contract: 2010/01/31

                      
	 
	
                        Contracting
      Place: Shuncheng Company

                      
	 
	
                        Contract
      No.:
JGL20100131-01

                      

              

            

          

        

      

       

      The Buyer: Henan Shuncheng
Group Coal Coke Co., Ltd

       

      The Seller: Zaozhuang Hengxin
Trade Co., Ltd

       

      This
contract is concluded through friendly consultation by both parties and on the
basis of equality and win-win cooperation.

       

      1.

       

      
        
          
            
              
                
                  
                    	
                            The Seller

                          	 
      	
                            Type of

                            Goods

                          	 
      	
                            Unit Price

                          	 
      	
                            Quantity

                          	 
      	
                            Quality Standard

                          
	
                            Zaozhuang
      Hengxin Trade Co., Ltd

                          	
                              

                          	
                            Fat
      coal with high sulfur content

                          	
                              

                          	
                            RMB
      1360/t (including tax and the expenses of sending the goods to the Buyer’s
      factory)

                          	
                              

                          	
                            ton/month

                          	
                              

                          	
                            ash≤9%

                            sulfur≤2.3%

                            volatilization≤44%

                            water≤8%

                            G
      Value≥90%

                            Y≥16%

                          

                  

                

              

            

          

        

      

      

      
        	
                2.

              	
                Measurement:
      Based on the measurement made by the
Buyer.

              

      

      
        
          	
                  3.

                	
                  Delivery
      and Inspection: The Seller shall deliver the goods by truck to the
      appointed place made by the Buyer for sampling. The result of inspection
      shall be based on the result made by the Buyer. Should any party dissents
      with the result, the application of re-inspection shall be made within
      three working days. Or the dissents may be submitted to Anyang Steel Group
      for arbitration and the arbitration award shall be final and bind the two
      parties.

                

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

      

      
        
          	
                  4.

                	
                  Settlement
      and Payment: Settlement shall be made against specification of weight and
      laboratory sheet reviewed by the Buyer. It is tacitly agreed if there is
      no suggestion.

                

        

      

      
        
          	
                  5.

                	
                  Unit
      Price (including tax and the expenses of sending the goods to the Buyer’s
      factory) or Acceptance Price is RMB 1360/ton. If there is any change in
      price, the supplementary agreement shall
  prevail.

                

        

      

      
        	
                6.

              	
                Others:

              

      

      
        
          	
                  6.1

                	
                  When
      the content of ash is between 9.01% and 9.5%, the Unit Price shall decline
      by RMB 0.2/ton if the ash increases by 0.01%. When the content of ash is
      between 9.51% and 10%, the Unit Price shall decline by RMB 0.5/ton if the
      ash increases by 0.01%. And when the content of ash is between 10.01% and
      10.5%, the Unit Price shall decline by RMB 1/ton if the ash increases by
      0.01%. When above 10.51%, the Unit Price shall decline by RMB 200/ton if
      the ash increases by 0.01%.

                

        

      

      
        
          	
                  6.2

                	
                  When
      the sulfur is less than 2.3%, the Unit Price shall decline by RMB 1/ton if
      the sulfur increases by 0.01.

                

        

      

      
        
          	
                  6.3

                	
                  When
      the G Value is less than 90%, the Unit Price shall decline by RMB 3/ton if
      the G Value declines by 1%. When the G Value is less than 85%, the Unit
      Price shall decline by RMB 5/ton if the G Value declines by
      1%.

                

        

      

      
        	
                6.4

              	
                The
      Unit Price shall decline by RMB 3/ton if the Y Value declines by
      1%.

              

      

      
        
          	
                  6.5

                	
                  The
      Unit Price shall decline by RMB 3/ton if the Volatilization exceeds the
      scope specialized by this contract by
1%.

                

        

      

      
        
          	
                  6.6

                	
                  When
      the water is more than 8%, the Unit Price shall decline by RMB 1/ton if
      the water increases by 1%.

                

        

      

      
        
          	
                  6.7

                	
                  Should
      adulteration exits, the Seller shall be subject to a penalty of RMB Fifty
      Thousand.

                

        

      

      
        
          	
                  7.

                	
                  The
      disputes shall be solved by friendly consultation between the two parties.
      If no agreement is reached though consultation, the disputes shall be
      arbitrated by People’ Court of Anyang County and the arbitration award is
      final.

                

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

      

      
        	
                8.

              	
                The
      term of validity of this contract is one month from the signature date of
      contract.

              

      

      
        
          	
                  9.

                	
                  This
      contract is made out in four sets. The two parties shall hold one copy
      each. This contract shall come into force on the day when it is signed and
      stamped by both parties.

                

        

      

       

      The
Buyer: Henan Shuncheng Group Coal Coke Co., Ltd

      Address:
Gongye Road,
South of Tongye Town

      Bank of
Deposit: Construction Bank of China, Anyang Zhongzhou Branch

      Account
No.: 

      Tax No.:
410522614985801

      Legal
Representative:  /s/ Wang Xinshun

      Entrusted
Agent:

      Fax:
0372-5607305

      Telephone
No.: 0372-5608958

      

      The
Seller: Zaozhuang Hengxin Trade Co., Ltd

      Address:
Xingcheng Subdistrict Office, Zaozhuang High and New Technology Industrial
Development Zone

      Bank of
Deposit: Xuecheng Credit Union, Rural Credit Cooperative Union of Xuecheng
District, Zaozhuang City

      Account
No.: 

      Tax No.:
370403738165944

      Legal
Representative:  /s/ Wang Hui

      Entrusted
Agent:

      Fax:
0632-2817787

      Telephone
No.: 0632-2817787

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      Supplementary
Agreement

      

      The Buyer: Henan Shuncheng
Group Coal Coke Co., Ltd

       

      The Seller: Zaozhuang Hengxin
Trade Co., Ltd

      

      In
accordance with the current changes in the coal market, connecting with the
practice, and based on the prerequisites of mutual benefits, the supplementary
agreement is made on the basis of the purchase and sales contract of coal signed
on January, 31st, 2010
with your company.

      
        	
                1.

              	
                Unit
      Price: In March, 2010, the Unit Price for high sulfur rich coal is RMB
      1280/ton (including tax and expenses of sending the goods to the Buyer’s
      factory).

              

      

      
        	
                2.

              	
                Payment:
      Pay off upon receipt of the
invoices.

              

      

      
        	
                3.

              	
                Should
      the price need any change, the two parties shall consult about it
      separately.

              

      

      
        	
                4.

              	
                Other
      provisions need not change and shall be implemented according to the
      original contract.

              

      

      

      The
Buyer: Henan Shuncheng Group Coal Coke Co., Ltd

       

      Representative:
[illegible]

      

      The
Seller: Zaozhuang Hengxin Trade Co., Ltd

       

      Representative:
[illegible]

      

      2010 /
04/
04Unassociated Document

    Exhibit
10.62

     

    Purchase
and Sales Contract of Coal

     

    Contracting
Place: Anyang, Henan

     

    Date of
Contract: 2010-01-10

     

    Contract
No.: SCJM20100110-2

    

    The Buyer: Henan Shuncheng
Group Coal  Coke Co., Ltd

     

    The Seller: Shandong Daotong
Trade Co., Ltd

    

    
      	
              1.

            	
              Name
      of Consignee, Dispatching and Arriving Stations, Type of Goods, Quality,
      Time of Delivery, Quantity

            

    

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                	
                                        Name
      of

                                        Consignee

                                      	 
      	
                                        Dispatching

                                        Station

                                      	 
      	
                                        Arriving

                                        Station

                                      	 
      	
                                        Type

                                        of
      Goods

                                      	 
      	
                                        Quality

                                      	 	
                                        Total

                                        Amount

                                        Of
      the year

                                      
	
                                        Henan
      Shuncheng Group Coal  Coke Co., Ltd

                                      	
                                          

                                      	
                                        Longgu
      JI

                                      	
                                          

                                      	
                                        Li
      Zhen

                                      	
                                          

                                      	
                                        Cleaned
      Fat Coal with low sulfur content

                                         

                                      	
                                          

                                      	
                                        ash≤9%

                                        volatilization

                                        ≤30%

                                        sulfur

                                        ≤0.5%

                                      	 	
                                        Seventy
      two thousand

                                        tons

                                      

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    
      
        
          
            
              
                
                  
                    	
                            Time of Delivery, Quantity

                          	 
	
                            The first quarter

                          	 	 	
                            The second quarter

                          	 	 	
                            The third quarter

                          	 	 	
                            The fourth quarter

                          	 
	
                            Jan.

                          	 	
                            Feb.

                          	 	 	
                            March

                          	 	 	
                            April

                          	 	 	
                            May

                          	 	 	
                            June

                          	 	 	
                            July

                          	 	 	
                            Aug.

                          	 	 	
                            Sept.

                          	 	 	
                            Oct.

                          	 	 	
                            Nov.

                          	 	 	
                            Dec.

                          	 
	
                            6000

                          	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 	 	 	6000	 

                  

                

              

            

          

        

      

    

    

    
      	
              2.

            	
              Delivery:
      The Seller shall send the goods under this contract by train to Lizhen
      Station and deliver on the board of the
train.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              3.

            	
              Standard
      and method of inspection on quality and quantity: Quality shall be based
      on the result of laboratory test made by Mining Administration and
      quantity shall be based on the railway transport
  invoices.

            

    

    
      	
              4.

            	
              Unit
      Price of coal: RMB        
      ton (including tax and the expenses of sending the goods to the Buyer’s
      factory); and shall be based on the price adjustment notification made by
      the Mining Administration.

            

    

    
      	
              5.

            	
              Settlement
      of payment of goods, freight and miscellaneous charges: Pay by acceptance,
      and settle against two bills.

            

    

    
      	
              6.

            	
              Liability
      for Breach of Contract: In accordance with the Contract
    Law.

            

    

    
      	
              7.

            	
              Settlement
      of Disputes: To be solved by friendly consultation between the two
      parties, or submitted to the People’s Court in the signature place of the
      contract.

            

    

    
      	
              8.

            	
              Others:
      The Unit Price of the goods under this contract shall change with the
      market price.

            

    

     

    
      
        
          
            
              	
                      The
      Buyer(Purchase)

                    	 
      	
                      The
      Seller(Sale)

                    
	
                      Full
      Name: Henan Shuncheng Group Coal Coke Co., Ltd

                      Address:
      Gongye Road,
      South of Tongye Town

                      Legal
      Representative:  /s/ Wang Xinkang

                      Entrusted
      Agent:

                      Bank
      of Deposit: Construction Bank of China, Anyang Zhongzhou
      Branch

                      Account
      No.: 

                      Tax
      No.: 410522614985801

                      Telephone
      No.: 5608958

                    	 
      	
                      Seller:
      Shandong Daotong Trade Co., Ltd

                      Address:
      No. 137, Dikou, Jinan City

                      Legal
      Representative:  /s/ Sun Qibin

                    
	[company
      seal and stamp]	 	[company
      seal and stamp]

            

          

        

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Notification
on Price Adjustment of Cleaned Washed Coal

    

    Shandong Daotong Trade Co.,
Ltd:

    

    Firstly,
thanks for your support to our company.

    To
further stabilize the order in selling coal and fasten the cooperation
relationship between us, we hereby inform you that from January 22nd, 2010,
the unit price (including tax) of fat cleaned coal of Xin Julong Brand will
increase by RMB 150/ton.

    

    (seal)

     

    [company seal and stamp]

    2010/01/22

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]