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/TRU/20/2026 | Dated: 17 Apr 2026 | |||
| 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 |
Truleap DMCC Unit No. 2307, 1 Lake Plaza, Jumeirah Lakes Towers, Cluster T, Dubai, UAE |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Ferro Manganese | Mn : 75% Min , Si : 1.50% Max (Typical 1.0%) , C : 7.5% Max, P : 0.30% Max (Typical 0.25%), S : 0.03% Max 10-60 (90%) |
560 MT Packed Loose in containers |
895/MT | US Dollar 501200 |
| TOTAL | US Dollar 501200 | |||
| PACKING | Packed Loose in containers | ORIGIN | Zambia | |
| DELIVERY TERMS | FOT | SHIPMENT | Dispatch in May and Shipment in June vessel | |
| LOADING PORT | SAFAL Plant, Kanona | DISCHARGE PORT | As per buyers choice | |
| TRANSSHIPMENT | Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 100% against PI before dispatch of the material | |||
| Documents | 1) Tax Invoice, 2) Packing List, 3) Export Permit, 4) Police clearance 5) Council receipt, 5) Mitra SK test results from Mitra SK (Sample collected by SAFAL and sent to Mitra Lab) | |||
| 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 | ||||
| RISK | All risks shall pass to the Buyer at the time when the Product is loaded on the board of truck at our works in Kanona. | |||
| INSPECTION | Quality testing by MSK from the in-house sample sent to Mitra SK. | |||
| 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
Truleap DMCC
Name:
The Seller
_____________
Name: