| Contract Number | SAFAL/MER/9/2026 |
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| Contract Date | 23 Feb 2026 |
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| Type | Sale |
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| Buyer Name | Merak Minerals Products S.L.U. |
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| Description of Goods | Ferro Manganese |
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| Grade (%) | 75 |
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| Size | 10-60 MM (90% Min) |
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| Specifications | Mn: 75% Min, Si: 1.5% Max, S: 0.03% Max, C: 6-8%, Phos: 0.30% Max |
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| Quantity | 56 |
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| Weight Unit | Metric Tonne |
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| Terms of Delivery | CIF |
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| Packing | 1MT Big Bigs |
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| Delivery Period | Shipment in March 2026 |
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| Rate | 1110 |
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| Currency | US Dollar |
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| Mode/Terms of Payment | 30% advance against seller's PFI upon signing of contract and balance within 7 days from date of submission of scanned copy of shipping documents |
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| VAT % | 0 |
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| Insurance | To be affected by the seller against all risks for 110% of the contract value. |
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| Loading | Dar Es Salaam, Tanzania |
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| Discharge | Bilbao Port, Spain |
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| Transshipment | Allowed |
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| Partial | Not Allowed |
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| Documents | 1) Commercial Invoice-Triplicate, 2) Packing List with statement of origin declaration and approved rex code declaration – Triplicate, 3) Full set of 3 Originals and 3 non-negotiable copies, Signed, “Shipped on Board” Ocean Bills of Lading, Shipper, Consignee & Notify as per Buyer’s request. BL must confirm 14 days of detention & demurrage free at POD. 4) Manufacturer Test Certificate for Quality & Quantity 5) Certificate of Quality, size and bag sealing issued by Alex Stewart, 6) Certificate of Origin from ZRA, 7) Insurance certificate/Policy for 110% of the contract value covering all risks as per Institute Cargo Clause B |
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| Inspection | Quality inspection by Alex Stewart International Zambia Ltd, Prior loading of trucks at Zambia factory at Sellers cost. Sampling results will be final and binding to both the parties on this contract. |
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| Alternate Product Name | |
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| Sale Contract Number | |
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| Remark | |
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| Risk | Risk to pass from seller to buyer after discharge at buyer works and as per Incoterms 2020 including subsequent amendments as applicable on date of this contract |
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| Shipment | Shipment in March 2026 |
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| Origin | Zambia |
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| Sale Extra1 | |
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| Sale Extra2 | |
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| Other Reference(s) | |
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| Contract Status | On going |
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