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/KE /22/2025 | Dated: 18 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 |
KE Metal Recycling Suite 208, 8323 Kennedy Road, Markham. Ontario L3R 5W7 Canada |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Ferro Manganese | Mn -75% Min, Si- 1.5% Max, S-0.05% Max, C 6-8% Max, Phos -0.30% Max 25-150 MM (90% Min) |
54 MT 1 MT Big Bags |
1000/MT | US Dollar 54000 |
| TOTAL | US Dollar 54000 | |||
| PACKING | 1 MT Big Bags | ORIGIN | Zambia | |
| DELIVERY TERMS | CFR | SHIPMENT | End of August 2025 | |
| LOADING PORT | Dar Es Salaam, Tanzania | DISCHARGE PORT | Port Qasim / Karachi Port | |
| TRANSSHIPMENT | Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 100% advance against PI before dispatch of the material | |||
| Documents | 01.) COMMERCIAL INVOICE BASE ON NET WEIGHT OF THE B/L. 02) PACKING LIST SHOWING CONTAINER NUMBERS & SEAL NUMBERS. 03) MILL CERTIFICATE ISSUED BY MILL. 04) CERTIFICATE OF ORIGIN ISSUED BY ZRA. 05) CERTIFICATE OF QUALITY & WEIGHT ISSUED BY ALEX STEWART. | |||
| 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 | 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 | Inspection By Alex Stewart at factory before dispatch of cargo | |||
| EXTRA 1 | Special Remark 1: OBL (3+3) or any SHIPPING LINE CERTIFICATE send to:- Syed Asif Abbas, Habib Canadian Bank, 6450 Kitimat Road,-Mississauga. Ontario L5N 2B8, Canada, Tel: 1-905-276-5300, A/C. KE Metal Recycling | |||
| EXTRA 2 | Special Remark 2: COO, COQ,COW and ANALYSIS CERTIFICATE only send to:- Mansoor Elahi, Kamraj Enterprises (PVT) Ltd., # 3, 1st Floor, Taj Arcade, 73- Jail Road, Lahore-54000 Pakistan Tel: 092-300-4242428 | |||
| 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
KE Metal Recycling
Name:
The Seller
_____________
Name: