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/GEM/15/2026 | Dated: 24 Mar 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 |
GEMINI CORPORATION N. V. WATERWILGWEG 6 2050, ANTWERP, BELGIUM. VAT Number BE0438488597. |
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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% Max, Phos -0.40% Max 25-150 MM (90% MIN) |
54 MT 1 MT Big Bags With No Mark |
1040/MT | US Dollar 56160 |
| TOTAL | US Dollar 56160 | |||
| PACKING | 1 MT Big Bags With No Mark | ORIGIN | Zambia | |
| DELIVERY TERMS | CFR | SHIPMENT | By 25th April 2025 | |
| LOADING PORT | Dar Es Salaam, Tanzania | DISCHARGE PORT | Port Qasim, Pakistan | |
| TRANSSHIPMENT | Allowed | PARTIAL SHIPMENT | Not Allowed | |
| PAYMENT TERMS | 50% Advance immediately after receipt of booking. Balance 50% against scan copy of Original docs and Bill of Lading. | |||
| Documents | 1) 3/3 OF ORIGINAL CLEAN “SHIPED ON BOARD” BILL OF LADING MARKED “FREIGHT PREPAID" . 2) Gemini will send the BL Instruction separately. 3) PORT WEIGHT SLIP. 4) 3/3 ORIGINAL OF COMMERCIAL INVOICE BASE ON NET WEIGHT OF THE B/L. 5) 3/3 ORIGINAL PACKING LIST SHOWING CONTAINER NUMBERS & SEAL NUMBERS. 6) MILL CERTIFICATE ISSUED BY MILL. 7) CERTIFICATE OF ORIGIN ISSUED BY ZRA (ZAMBIA REVENUE ATHORITY). 8) 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 2020 | |||
| INSPECTION | Quality inspection by Alex Stewart International Zambia Ltd, Prior loading of trucks at Zambia factory at Sellers cost. Sampling results will be final and binding to both the parties on this contract. | |||
| 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
GEMINI CORPORATION N. V.
Name:
The Seller
_____________
Name: