Current Market Price for Mg min 99.8%


FOB China Port*
Week 08/13/2012 to 08/17/2012 $3250 per ton

Week 08/27/2012 to 08/31/2012 $3240 per ton

Week 10/08/2012 to 10/12/2012 $3320 per ton
Week 10/15/2012 to 10/19/2012 $3320 per ton
Ex Works Shanxi**
Week 08/13/2012 to 08/17/2012 RMB 18,600 per ton

Week 08/27/2012 to 08/31/2012 RMB 18,300 per ton

Week 10/08/2012 to 10/12/2012 RMB 18,400 per ton
Week 10/15/2012 to 10/19/2012 RMB 18,400 per ton

*FOB China Port - Based on ex-work basis, plus inland freight, misc port expenses,

 and 10% export tariff.


**Ex Works Shanxi - Includes 17% VAT



Disclaimer: Amounts reflect the average weekly pricing obtained from third party sources and do not reflect IMG’s actual sales prices which may vary.