It looks like a design failure to me. If the gap between CONT. points is 240V certain contamination levels would likely fail explosively due to breakdown voltage.
Rather than look for the cheapest 50A Contactor 240V relay on Alibaba, I would modify the design to use an
OMRON part or one of equivalent quality.
- Minimum wiring size would be AWG#8 or 3.3 mm D
This is what I suggest.
Using lots of flux, a heatgun and solder wick carefully straighten flanges and remove PCB then remove LC1 from PCB. Drill holes to insert wires top side and solder bottom side. The Coil is likely 24V (verify).
Mount the Contactor nearby with PU adhesive ( subfloor adhesive types in tubes from H/W store takes 2 days to cure unlike UV or former high VOC types.) ( very strong/hard)
Coat all solder areas with Silicone spray and/or RTV Silicone after cleaning with IPA. Hopefully it will never happen again.
Their part looks like a $5 Chinese part after cost reduction that sells for $20 part on Alibaba rather than a well insulated rugged part for > $50 chassis mnt ~$500 on a DIN Rail. I think contact open arc gas and carbon may also escape between the solder joints but it's hard to tell from photos.
Alibaba example Quality of silver alloy contacts is unknown.
Feel free to use smaller ratings if you know.