Sales Contract
The buyer agrees to buy and seller agrees to sell the following goods on the terms and conditions mentioned under.
| CONTRACT NO: SAFAL/MZQ REF/2022/01 | Dated: 20 Oct 2022 | |||
| SELLER |
Southern Africa Ferro Alloys Ltd. Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia |
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| Buyer |
Oasis Mozambique Refinery lda Address : 108 - 109 Mozal beluluane parque industrial district Boane province Maputo Mozambique |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| SILICO MANGANESE | Mn : 65%, Si : 15.0%, C: 2.5% Max, Phos : 0.30% Max, S: 0.05% Max 50-100MM (90% MIN) |
30 MT Loading in 1 MT Jumbo Bags |
1000/MT | US Dollar 30000 |
| TOTAL | US Dollar 30000 | |||
| PACKING | Loading in 1 MT Jumbo Bags | ORIGIN | Zambia | |
| DELIVERY TERMS | DAP | SHIPMENT | Immediate dispatch from Zambia factory upon receipt of 100% advance | |
| LOADING PORT | Serenje, Zambia | DISCHARGE PORT | Designated warehouse or place at Beira, Mozambique | |
| TRANSSHIPMENT | Not applicable | PARTIAL SHIPMENT | Not Applicable | |
| PAYMENT TERMS | 100% payment before dispatch of the material against sellers Proforma Invoice | |||
| Documents | 1) Dispatch Invoice and packing list. 2) Certificate of origin issued by ZRA. 3) Mill Test report. | |||
| SELLER'S BANK |
Seller's Bank Bank Name: Absa Bank Zambia PLC Account Name: Southern Africa Ferro Alloys Limited Account Number: 1005519 Branch Code: 02-00-01 Branch Name: Kafue House Swift Code: BARCZMLX |
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| BUYER'S BANK | ||||
| INSURANCE | Not applicable | |||
| RISK | Risk to pass from seller to buyer after discharge at buyer's designated work and as per Incoterms 2020 including subsequent amendments as applicable on date of this contract | |||
| INSPECTION | In house rest report issued by seller's lab. | |||
| ARBITRATION |
All Disputes in connection with this Contract or the execution thereby shall be settled through friendly negotiations between the two parties. If no settlement can be reached, the case under dispute shall be settled at a place of jurisdiction commonly agreed to by both parties. The award rendered by the Arbitrator shall be final and binding on both parties. |
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| FORCE MAJEURE |
In case of Acts of God or any other case beyond the control of the parties, the party claiming it needs to prove it by presenting a confirmation issued by the Chamber of Commerce or equivalent government institution in accordance with the rules set by the International Chamber of Commerce (ICC Publication No-421). |
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Accepted and confirmed by:
The Buyer
Oasis Mozambique Refinery lda
Name:
The Seller
_____________
Name: