| Contract Number | SAFAL/PROFOUND/04/2023 |
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| Contract Date | 24 Feb 2023 |
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| Type | Sale |
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| Buyer Name | ProFound Alloys LLC |
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| Description of Goods | Ferro Manganese |
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| Grade (%) | 75 |
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| Size | 10-60MM (90% MIN) |
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| Specifications | Mn: 75% min, Carbon: 6-8%, Silicon: max 1.5%, Sulphur: 0.05% max, Phos: 0.30% max |
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| Quantity | 324 |
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| Weight Unit | Metric Tonne |
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| Terms of Delivery | fob |
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| Packing | Loose in 20' containers |
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| Delivery Period | Shipment start of May 2023 |
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| Rate | 1035 |
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| Currency | US Dollar |
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| Mode/Terms of Payment | 10% advance against seller's PFI within 3 working against seller's PFI & balance 90% against commercial invoice supported with container packing report |
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| VAT % | 0 |
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| Insurance | Not Applicable |
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| Loading | Durban, South Africa |
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| Discharge | Baltimore, USA |
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| Transshipment | Not applicable |
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| Partial | Not applicable |
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| Documents | 1) Commercial Invoice, 2) Packing list, 3) 3rd party inspection for weight and quality, 4) Certificate of Origin issued by ZRA/ chamber of commerce. |
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| Inspection | Third-Party Certificate shall determine the quality of the cargo, 3rd party inspection by Alex Stewart Internation at Seller's factory prior to dispatch of cargo. |
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| Alternate Product Name | HIGH CARBON FERRO MANGANESE |
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| Sale Contract Number | 23-10506 |
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| Remark | Buyer shall send an indemnity email to their booking agent to keep custody of BL with Seller until final payment is settled, and BL is released to Buyer only after a written email from Seller to the booking agent |
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| Risk | All risks shall pass to the Buyer at the time when the Product passes the ship’s rail on board the vessel at the time of loading, in accordance with Incoterms 2010 |
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| Shipment | Shipment start of May 2023 |
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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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