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 /22/2026 | Dated: 29 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 |
Al Saham Al Fadhi Metal Industries LLC PO Box No. 23094, Sharjah, UAE |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Ferro Manganese | Mn: 75% min , Carbon: 6-8%, Silicon: max 1.5%, Sulphur: 0.05% max, Phos: 0.30% max 50-150MM (90% Min) |
135 MT 1 MT Big Bags |
910/MT | US Dollar 122850 |
| TOTAL | US Dollar 122850 | |||
| PACKING | 1 MT Big Bags | ORIGIN | Zambia | |
| DELIVERY TERMS | FOT | SHIPMENT | Immediate upon receipt of 100% advance payment | |
| LOADING PORT | Ex Plant, SAFAL Kanona | DISCHARGE PORT | As per buyers choice | |
| TRANSSHIPMENT | Not Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 100% against PI before dispatch of the material on or before 15th of May 2026 | |||
| Documents | 1. COMMERCIAL INVOICE 2. PACKING LIST 3. CERTIFICATE OF QUALITY AND WEIGHT ALEX STEWART 4. 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 | Not Applicable | |||
| RISK | All risks shall pass to the Buyer at the time when the Product has been loaded into the Buyer-designated trucks at our factory in Serenje, in accordance with Incoterms 2010 | |||
| INSPECTION | Sampling by Alex Stewart Zambia at seller's factory and bag sealing. | |||
| 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
Al Saham Al Fadhi Metal Industries LLC
Name:
The Seller
_____________
Name: