Tantalite Mineral

Tantalite is primarily used in the production of tantalum capacitors, which are integral to electronic devices such as smartphones, laptops, and medical equipment. These capacitors ensure stable and reliable electrical performance, making tantalite a vital component in the electronics industry. Moreover, tantalite's resistance to high temperatures and corrosive environments makes it ideal for applications in the aerospace, defence, and chemical industries. It is also used in the manufacturing of superalloys for jet engines and cutting-edge industrial equipment.

 

At our company, we have established ourselves as the best manufacturer and provider of tantalite. We employ advanced mining techniques and state-of-the-art processing facilities to extract tantalite from our rich mineral deposits. Our commitment to quality is unwavering, and we adhere to stringent quality control measures at every stage of the production process. Our experienced team of experts ensures that our tantalite meets the highest industry standards, providing our customers with reliable and superior products.

 

What sets us apart from the competition is our dedication to sustainability and ethical mining practices. We prioritize the well-being of our workers and the local communities, and we actively promote environmental conservation. Our mining operations are conducted responsibly, with a focus on minimizing the impact on the ecosystem and rehabilitating the land after extraction. By choosing Luhihi Mining Minerals Group Sarl as your tantalite provider, you can be assured of ethical sourcing and contribute to a greener and more sustainable future.

 

Tantalite

We the above Sellers hereby state and represent that it is our intention to sell, and we hereby confirm with full legal and corporate responsibility under penalty of perjury that we are ready, willing and able to sell and supply the following commodity as per the specification and in the quantity and for the price as specified in the terms and conditions as stated below. This representation is made with full corporate authority and responsibility.

WHEREAS: The SELLER and BUYER hereto, each with full corporate authority, certifies, represents and warrants that each can fulfill the requirements of this agreement and respectively provide the products and the funds referred to herein, in time and under the terms agreed to hereafter; and

WHEREAS: The BUYER hereby agrees and makes an irrevocable firm contract to purchase 30 MT (Two thousand Metric Tons every month of Copper Tantalum as shipment on CIF terms according to Incoterms 2010, every month for a period of 5 YEARS with roll & Extension.

 

Sellers Procedures:

• Seller sends SPA to the Buyer and the Buyer signs the SPA and returns it to the seller.
• Buyer meets Seller in ZAMBIA for introductory meeting and building of trust and goodwill.
• Buyer conducts an assay test of the Tantalium at a mutually agreeable refinery in Zambia and the Buyer will be issued with a preliminary assay certificate.
• The buyer will pay 80% as for logistics to enable the seller to facilitate the Tantalium to move to the buyer’s destination final refinery.
• Once all export documents are completed, Seller and/or Sellers Representative will travel together with Buyer and/or Buyers Representative to Buyer’s destination refinery to witness the Final Analysis.
• After final assay at Buyer’s refinery, within 72 (Seventy Two) hours, the Buyer will then 20% TT to Seller’s nominated bank account Minus the Handling Fees Paid in Zambia.

 

Terms of Payment:

• All payments will be made in US dollars and will be deposited in the Seller’s appointed Attorney, Pay Master appointed for this transaction to avoid the subject of money laundering scrutiny and to abide by international money transferring protocols.
• Seller will advise on their Attorney's Bank Information including confirming bank details.
• Direct TT (TWT) to Seller’s Bank Account within 72 (Seventy-Two) hours after final assay report at destination tantalium refinery. Seller must warrant that the product as described in the FCO is in his legal possession and that he has beneficial ownership of the product and that he has the ability and authority to sell it. After the Buyer pays the full amount for the goods.

 

Responsibility:

The Tantalium will remain during the delivery process under the Sellers ownership, with joint care, custody and control of the goods, accompanied by both Sellers and Buyers Representatives from export in Zambia through to the tantalium being assayed / refined at destination refinery, and funds pay out in full to Seller.

 

Delivery Instructions:

CIF Buyers destination refinery, the Buyer will ship the tantalium consignment to the designated Buyer’s refinery via Port to the attention of the Buyer as per the instructions in the FCO with Buyers name and details listed on all export documents and packaging of the product

 

Confidentiality:

Seller, Buyer or Intermediaries and Mandates shall keep any SPA or other Agreement in strict confidence and shall instruct all persons involved in the completion of this agreement to keep it in strict confidence.

 

Documents:

Each shipment and delivery shall be identified with all appropriate contract reference codes and numbers. Seller and its agent / Port forwarder will prepare the following export documents, prior to departure of tantalium consignment from Zambian Transporters, to Buyers Tantalium Port of destination:

• Two originals of Commercial Invoices (in favor of the Buyer)
• Certificate of Origin
• Certificate of Ownership
• Export Permit (Buyer has own import Permit)
• Insurance Policy Certificate
• Customs Clearance
• Initial Purity / Assay Certificate
• Airway Bill
• Other associated documentation that protects both Seller & Buyer

Seller hereby declares that all information in this Full Corporate Offer is nothing but the truth and is applicable in the contract and other agreements concerning this transaction.

 

LAW AND ARBITRATION:

The contract is subject to International Law, ICC rules are to be observed under existing guidelines and the ICC rules will super cede over ICC if in conflict. The Seller and Buyer will try to settle all disputes amicably. Either party may serve notice on the other requiring any dispute to be settled within 45(forty five) days after such notice and, if not settled to refer it to arbitration in accordance with this contract unless breech of payment occurs by the buyer.

 

The arbitration will be heard by one or more arbitrators appointed mutual agreement of the parties and in accordance with the Rules and the Arbitration Act 1996. The seat of arbitration shall be Switzerland, the award shall be enforceable in any country, and a Letter Rotator shall be deemed accepted without contest or protest.

 

The ICC 1993 revision, public 500 shall apply to this contract as well as INCOTERMS-2000 as published by the International Chamber of Commerce.ICC1993

 

CONTRACTED PARTIES DETAILS:

Alternative corporate bank accounts: Due to the different banking regulations and practices around the world, various banking instruments are accepted by some banks in some countries and not accepted by others. Depending upon the financial instrument finally issued by the Buyer to the Seller, in order to facilitate the transaction, it may be necessary for the Seller to use a bank other than that originally designated.

 

Direct contact with any bank designated by the Seller or Buyer without first gaining written permission will render this contact null and void.     

 

SELLER BANKING COORDINATES AND CONTACT:

ACCOUNT HOLDER: Luhihi Mining Minerals Group Sarl

BANK:  United Bank For Africa (Z) Ltd

ADDRESS: Head Office

ACCOUNT NO: 9010130031864         

SWIFT CODE: SWIFT UNAFZMLU

BRANCH CODE: 370001

SWIFT CODE: SWIFT

 

BUYER BANKING COORDINATES AND CONTACT:

ACCOUNT HOLDER:

BANK:

ADDRESS:

ACCOUNT NO:

SWIFT CODE:

OFFICER:

TEL NO:        

FAX NO:        

NON-CIRCUMVENTION AND NON-DISCLOSURE:

 

The parties accept and agree to the provisions of the International Chamber of Commerce, Geneva, Switzerland for non-circumvention and non-disclosure with regards to all and each of the parties, including intermediaries, and agents involved in this transaction and contract, additions, renewals, and third party assignments, with full reciprocation for a period of (5) FIVE year from the date of execution of this contract. This clause is extensive to all subsidiaries and or affiliated companies.  It is further agreed that any information of buyer and seller contained in this agreement is to be held in the strictest confidence, and any violation of which will resolute in the immediate cancellation of this agreement.

 

GOVERNING LAW AND JURISDICTION

This document shall be governed & construed in accordance with current English or I.C.C 400/500/600 signed between partners NCND laws.

 

ARBITRATION:

All parties agree to refer any disputes between the parties arising out of or in connection with this agreement including any questions regarding its existence, validity or termination to arbitration rules of the international arbitration center (I.A.C). The appointed arbitrator shall hold the proceedings in any country chosen by the parties and the rules of the IAC shall apply. This document is signed and accepted by parties named below as to be included in the final contract.

 

LANGUAGE USED: The English language shall be used.

 

CONTRACT TERMS:

• We also confirm that said funds are good clean, cleared unencumbered, legitimately earned and of non-criminal origin.
• Any changes made in the contract that are not initialed will make the contract null and void.
• If any party to this agreement should make unauthorized contact with the bank of the seller or the buyer, such contact shall be considered interference with the agreement and shall at the option of the buyer or the seller, constitute valid reason to terminate this agreement. The interfering party will be charged with the loss of profits in this transaction by the injured party who will be entitled to file legal proceedings against the interfering party at the international chamber of commerce at Paris, France to recover their losses.
• Signatures on this agreement received by the way of facsimile, mail and /or email shall be an executed contract agreement enforceable and admissible for all purposes as may be necessary under the terms of the agreement.
• Electronic signature is valid and accepted as hand signature, EDT (electronic document transmissions).
• EDT (electronic document transmissions) shall be deemed valid and enforceable in respect of any provisions of this contract.

 

AUTHORITY TO EXECUTE THIS CONTRACT:

Signatures on this agreement received by the way of facsimile, mail and/or e-mail shall be an executed contract agreement enforceable and admissible for all purposes as may be necessary under the terms of the agreement.

 

Closing Notes

• SELLER RESERVES THE RIGHT FOR PRIOR SALE TO ANY OTHER PARTY UNTIL THE FINAL CONTRACT IS SIGNED
• THIS DRAFT CONTRACT IS SUBJECT TO THE SUCCESSFUL COMPLETION OF THE LEGALLY BINDING FINAL CONTRACT
• THE FINAL CONTRACT WILL BE SIGNED BY SELLER AND BUYER
• ALL CLAUSES CONTAINED IN THIS CONTRACT AREAPPLICABLE ON THE COMPLETION OF THE FIRST SHIPMENT OF (2000 MT) AS ORDER TRIAL.

 

SIGNATURE PAGE

In witness thereof: the Parties hereto have caused this Sale and Purchase Agreement for Tantalum – be signed, sealed, and executed by their authorized representatives; who attest that they have the written mandate and signatory power to execute this Agreement and have thereby understood, agreed and accepted all general terms, conditions and/or provisions so stated herein through affixing their respective signatures and seals below.