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Purchase Contract

Invoice To
Southern Africa Ferro Alloys Ltd.
Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia

Dispatch To
Southern Africa Ferro Alloys Ltd.
Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia

Supplier
Katanga Métal Ressources
Avenue Sendwe Numéro 27, Lubumbashi DRC Congo

Contract Number:
SAFAL/P/MN ORE/06.99/2022

Supplier's Ref/Order No:
SAFAL/P/MN ORE/06.99/2022

Dispatch Through:
Supplier hired trucks

Dated:
22 Jun 2022

Mode/Terms of Payment:
Within 48 hours of delivery at SAFAL plant and testing of the material, payment strictly to be made into designated account

Destination:
SAFAL PLANT KANONA, SERENJE

Delivery Period:
2 trial loads to be delivered, upon successful transaction for 2 loads, further transaction to take place immediate to complete 1000MT within July 2022

Other Reference(s):
Supply price $100/MT & freight part is $18/MT

Terms of Delivery

Delivered SAFAL Plant in Kanona, Serenje, Zambia

Sr. No Description of Work Due Date Quantity Rate Unit Amount
1 Manganese Ore

Specifications: Mn : 48.0% Min, SiO2 : 6-8% Max, Al2O3 : 6.0% Max, Phos : 0.10% Max.
Size: 20-100 MM (90% Min)
22 Jun 2022 1000 118 MT 118,000.00
VAT 0% 0 % 0.00
Total 1000 USD 118,000.00

E & O.E

Amount Chargable (in words)
US Dollar One Hundred Eighteen Thousand

Remarks:
Documents required with each truck : 1. Invoice 2. Packing list 3. Police clearance document 4. Mineral export permit 5. Customs permit 6. Mineral valuation certificate (if applicable) 7. Mineral analysis certificate (if applicable)

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Authorised Signature