| Contract Number | SAFAL/M7/01/2022 |
| Contract Date | 16 Feb 2022 |
| Type | Sale |
| Buyer Name | M7 Metals AG |
| Description of Goods | Ferro Manganese |
| Grade (%) | 75 |
| Size | 50-150MM (90%) |
| Specifications | Mn : 76.0% Min, C : 7.50% Max, Si : 1.20% Max, P : 0.35 % Max, S : 0.05% Max, |
| Quantity | 100 |
| Weight Unit | Metric Tonne |
| Terms of Delivery | CIF |
| Packing | Bulk , No 'hazardous material' (or similar) sticker or placard applied to the container. |
| Delivery Period | Shipment by 31 March 2022 |
| Rate | 1695 |
| Currency | US Dollar |
| Mode/Terms of Payment | 25% Payable after this contract is signed and within 5 business days of receipt of the proforma invoice.balance payable net cash against the following copies of original document(sent by emails) as specified below. |
| VAT % | 0 |
| Insurance | Not Applicable |
| Loading | Durban, RSA |
| Discharge | Baltimore, MD, USA |
| Transshipment | Allowed |
| Partial | Not Allowed |
| Documents | 1. Commercial Invoice stating FOB value with freight shown separately. 2. 3/3 Orginal Bill of Lading marked "Freight Prepaid". Other details to be advised. 3. Certificate of Origin issued by the Seller confirming Zambian origin. 4. Detailed packing list stating container number: gross and net weight per container. 5. Beneficiary's statement certifying that one copy of the invoice and one copy of the bill of lading have been sent to the applicant by email latest 5 days after vessel sailing. This can be emailed to info@m7metals.com. 6. Beneficiary's certificate certifying the bill of lading number(s), sellers name and address, consolidators name and address, container stuffing location name and address must be sent via email 72 hours prior to the goods loading onto vessel. This can be emailed to info@m7metals.com. 7. MIl Test Certificate issued by Alex Stewart confirming chemistry, physical properties and description of container loading (including photographs). |
| Inspection | The Buyer has the right to appoint an inspection agency at their cost and expense to inspect the cargo before it is stuffed into container at the Seller's warehouse. Within 7 working days following inspection the Buyer shall inform the seller of the inspection results and if the quality is in conformity with the specification under the contract, the cargo will be stuffed into containers and delivered to the port. |
| Alternate Product Name | High Carbon Ferro Manganese |
| Sale Contract Number | M7000374-0 |
| Remark | PRICE BASIS : CIF CY Baltimore, MD, USA |
| Risk | All risks shall pass to the Buyer at the time when the Product passes the ship’s rail on board the vessel at time of loading, in accordance with Incoterms 2010 |
| Shipment | Shipment by 31 March 2022 |
| Origin | Zambia |
| Sale Extra1 | |
| Sale Extra2 | |
| Other Reference(s) | |
| Contract Status | Done |
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