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/ WO/20/2025 | Dated: 14 Jul 2025 | |||
| 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 |
World Metals & Alloys (FZC) WARE HOUSE NO.Q4/300 P.O. BOX NO. 120369, S.A.I.F. ZONE, SHARJAH. U.A.E. |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Ferro Manganese | Mn: 75% min, Silicon: 1.50% max, Carbon: 6-8%, Sulphur: 0.05% max, Phos: 0.35% max 25-150 MM (90% Min) |
54 MT 1 MT Big Bags with standard marking |
850/MT | US Dollar 45900 |
| TOTAL | US Dollar 45900 | |||
| PACKING | 1 MT Big Bags with standard marking | ORIGIN | Zambia | |
| DELIVERY TERMS | FOT | SHIPMENT | Immediate upon receipt of 100% advance payment | |
| LOADING PORT | SAFAL Plant, Kanona | DISCHARGE PORT | As per buyers choice | |
| TRANSSHIPMENT | Not Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 100% against PI before dispatch of the material | |||
| Documents | 1. COMMERCIAL INVOICE 2. PACKING LIST 3. CERTIFICATE OF ORIGIN BY ZRA 4. CERTIFICATE OF QUALITY AND WEIGHT ALEX STEWART 5. WEIGHT SLIP OF THE NET AND GROSS WEIGHT | |||
| 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 | N/A | |||
| RISK | All risks shall pass to the Buyer at the time when the Product is Dispatched from plant to be accordance with Incoterms 2020 | |||
| INSPECTION | Factory Inspection of the material and sealing by Alex Stewart International At SAFAL | |||
| EXTRA 1 | we will print the required markings on A4 size plain paper, and a laminated tag will be attached to each bag. | |||
| 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
World Metals & Alloys (FZC)
Name:
The Seller
_____________
Name: