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/AL /19/2025 | Dated: 10 Jul 2025 | |||
| SELLER |
Southern Africa Ferro Alloys Ltd. Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia |
|||
| Buyer |
Al Saham Al Fadhi Metal Industries LLC PO Box No. 23094, Sharjah, UAE |
|||
| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Ferro Manganese | Mn -75% Min, Si- 1.5% Max, S-0.04% Max, C 6-8% Max, Phos -0.40% Max 25-100 MM (90% Min) |
108 MT 1 MT Big Bags In 20ft Container |
1000/MT | US Dollar 108000 |
| TOTAL | US Dollar 108000 | |||
| PACKING | 1 MT Big Bags In 20ft Container | ORIGIN | Zambia | |
| DELIVERY TERMS | CFR | SHIPMENT | Shipment by 15th August 2025 | |
| LOADING PORT | Dar Es Salaam, Tanzania | DISCHARGE PORT | Port Qasim / Karachi Port | |
| TRANSSHIPMENT | Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 20% prepayment and 80% against shipping documents | |||
| Documents | 1) 3/3 OF ORIGINAL CLEAN “SHIPED ON BOARD” BILL OF LADING MARKED “FREIGHT PREPAID". 2) PORT WEIGHT SLIP. 3) 3/3 ORIGINAL OF COMMERCIAL INVOICE BASE ON NET WEIGHT OF THE B/L. 4) 3/3 ORIGINAL PACKING LIST SHOWING CONTAINER NUMBERS & SEAL NUMBERS. 5) MILL CERTIFICATE ISSUED BY MILL. 6) CERTIFICATE OF ORIGIN ISSUED BY CHAMBER OF COMMERCE OF ZAMBIA. 7) CERTIFICATE OF QUALITY & WEIGHT ISSUED BY MITRA ZAMBIA/ALEX STEWART INTERNATIONAL CORPORATION. | |||
| 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 |
|||
| BUYER'S BANK | ||||
| INSURANCE | Not Applicable | |||
| 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 | |||
| INSPECTION | Quality inspection by Mitra SK/Alex Stewart International corporation, Zambia prior loading of trucks at Zambia factory at Sellers cost. Sampling results will be final and binding to both the parties on this contract. | |||
| 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. |
|||
| 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). |
|||
Accepted and confirmed by:
The Buyer
Al Saham Al Fadhi Metal Industries LLC
Name:
The Seller
_____________
Name: