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/AFR/21/2026 | Dated: 21 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 |
Africaine Des Matieres Premieres Pour Metallurgie Sarl 29, Rue Mohamed el baamraoui Res Sara 2, Etage 2, N 2026 - Casablanca-Morocco |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Ferro Manganese | Mn -75% Min, Si- 1.5% Max, S-0.04% Max, C 6-8%, Phos -0.30% Max 10-60 (90%) |
216 MT 1 MT Big Bags |
1100/MT | US Dollar 237600 |
| TOTAL | US Dollar 237600 | |||
| PACKING | 1 MT Big Bags | ORIGIN | Zambia | |
| DELIVERY TERMS | CFR | SHIPMENT | Shipment in May 2026 from Dar Es Salaam port. | |
| LOADING PORT | Dar Es Salaam, Tanzania | DISCHARGE PORT | Casablanca-Morocco | |
| TRANSSHIPMENT | Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 30% prepayment against seller's PFI prior to dispatch from Zambia factory and 70% against scanned copy of documents | |||
| Documents | 1) BILL OF LADING "SHIPED ON BOARD”. 2) PORT WEIGHT SLIP. 3) ORIGINAL OF COMMERCIAL INVOICE BASE ON NET WEIGHT OF THE B/L. 4) ORIGINAL PACKING LIST SHOWING CONTAINER NUMBERS & SEAL NUMBERS. 5) CERTIFICATE OF ORIGIN ISSUED BY ZRA (ZAMBIA REVENUE ATHORITY). 6) CERTIFICATE OF QUALITY 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 | ||||
| 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 2020 | |||
| INSPECTION | Quality inspection by Alex Stewart International Zambia Ltd, Prior loading of trucks at Zambia factory at Sellers cost. Weight and container sealing certificate to be issued by freight forwarder in Dar. | |||
| 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
Africaine Des Matieres Premieres Pour Metallurgie Sarl
Name:
The Seller
_____________
Name: