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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
True Ore Mines and Mineral ( Zambia) Limited
MANSA

Contract Number:
SAFAL/P/MANGANESE ORE/08/2025/61

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/08/2025/61

Dispatch Through:
Buyer's hired trucks

Dated:
16 Aug 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

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

Specifications: Mn +48%, Fe 5% max, SiO2: 8% max, Phos 0.15% max
Size: 10-100MM
16 Aug 2025 500 90 MT 45,000.00
VAT 16% 16 % 7,200.00
Total 500 USD 52,200.00

E & O.E

Amount Chargable (in words)
US Dollar Fifty-two Thousand Two Hundred

Remarks:
1. The above price is inclusive of MRT and exclusive of VAT. 2. Prorata price applicable if Mn <48% and till Mn 50%. Mn>50% the price would be $95pmt only. 3. Supplier to ensure material is loaded as per PO specs.

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Authorised Signature