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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
Gamcore Zambia Limited
Plot No. 6392, 02nd Floor, Saturania House, P.O. Box 32232, Lusaka, Zambia

Contract Number:
SAFAL/P/MANGANESE ORE/06/2025/32

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/06/2025/32

Dispatch Through:
Seller's Hired trucks

Dated:
16 Jun 2025

Mode/Terms of Payment:
100% Payment after receiving the quantity and upon testing at our lab.

Destination:
SAFAL Plant, Kanona

Delivery Period:
Immediate

Other Reference(s):

Terms of Delivery

Delivered at our Kanona Plant

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

Specifications: Mn : 40% Min (Prorata Price as indicated in remarks) Fe : 5 % max,SiO2 : 12% max, Phos : 0.20% max,
Size: 10-100mm(90%)
16 Jun 2025 180 2060 MT 370,800.00
VAT 16% 16 % 59,328.00
Total 180 ZMW 430,128.00

E & O.E

Amount Chargable (in words)
Zambian Kwacha Four Hundred Thirty Thousand One Hundred Twenty-eight

Remarks:
1. Prices: Mn 40-42% : ZMW 2060PMT, Mn 42-44% : ZMW 2163 PMT and Mn +44% : ZMW 2266 PMT. 2. Material will be tested at our lab and results declared as per our lab shall be final for payment. 3. Prorata price applicable if Mn is less than 40% 4. Material will be rejected if Mn is less than 38%. 5. PCC, MRT, loading charges, Council fee, weighscale expenses etc included and supplier should submit MRT payment receipt & schedule to buyer with out fail

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Authorised Signature