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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
KMN GENERAL DEALERS LIMITED
MANSA, LUAPULA PROVINCE

Contract Number:
SAFAL/P/MANGANESE ORE/06/2025/36

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/06/2025/36

Dispatch Through:
Buyer'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

Ex Mansa Mine

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

Specifications: Mn 44% min, Fe 4% max, SiO2 13% max, Phos 0.15% max
Size: 10-100mm(90%)
16 Jun 2025 300 1650 MT 495,000.00
VAT 16% 16 % 79,200.00
Total 300 ZMW 574,200.00

E & O.E

Amount Chargable (in words)
Zambian Kwacha Five Hundred Seventy-four Thousand Two Hundred

Remarks:
1. The above price is inclusive of MRT and exclusive of loading charges and VAT. 2. If Mn <44% prorata price applicable.

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Authorised Signature