What to keep in mind
Review master agreements, purchase orders, inspection rights, penalties, insurance, confidentiality, dependencies and signatory powers.
Uncritical acceptance of standard terms can shift substantial production or delay risks to the supplier.
Distinctions often confused
Supplying a mining business does not automatically make the supplier subject to every permit governing the mine.
Frequently asked questions
Should contractual penalties be capped?
Where negotiable and legally appropriate, caps can help manage disproportionate exposure.
Should customer contracts be reviewed before a supplier merger?
Yes, especially for change-of-control clauses and operational authorizations.
Informational content. It is not a substitute for professional advice.