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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
Nebula Natural Resources and Trading Limited
House No.68, Neem Tree, Jameson Avenue Kabwe, Zambia

Contract Number:
SAFAL/P/MANGANESE ORE/08/2024/69

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/08/2024/69

Dispatch Through:
Buyer hired trucks

Dated:
17 Aug 2024

Mode/Terms of Payment:
100% after inspection at SAFAL Plant within 72 hours of delivery

Destination:
SAFAL Plant, Kanona, Serenje

Delivery Period:
Aug/ Sept 2024

Other Reference(s):
Each truck to have mining license copy, Police clearance & council receipt

Terms of Delivery

Ex Mines, Mansa, Loaded on trucks including all necessary documents

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

Specifications: Mn - 48% Min, Fe - 5% Max, SiO2 - 7% Max, Al2O3 - 5% Max, P - 0.06% Max, S - 0.06% Max, Moisture - 2% Max
Size: 100-120 MM (80%)
17 Aug 2024 1000 100 MT 100,000.00
VAT 16% 16 % 16,000.00
Total 1000 USD 116,000.00

E & O.E

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

Remarks:
1) Supplier to provide valid license copy 2) If License belong to a 3rd party then a no objection and consent letter is required. 3) Supplier to arrange loading of trucks, council levy, police report, mines report 4) Price is inclusive of Mineral Royalty Tax- supplier shall submit proof of MRT payment to the buyer on monthly basis

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Authorised Signature