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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
DING CHENG INVESTMENT LTD
PLOT NO 197A,KASUPE ROAD,LUSAKA WEST ,LUSAKA

Contract Number:
SAFAL/P/MANGANESE ORE/04/2026/62

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/04/2026/62

Dispatch Through:
Buyer's hired trucks

Dated:
16 Apr 2026

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 Mines Loaded on trucks

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

Specifications: Mn 48% min , Fe: 5% max, SiO2: 8% max, Phos: 0.15% max, Al2O3: 5% max
Size: 10-100MM
16 Apr 2026 2000 115 MT 230,000.00
VAT 16% 16 % 36,800.00
Total 2000 USD 266,800.00

E & O.E

Amount Chargable (in words)
US Dollar Two Hundred Sixty-six Thousand Eight Hundred

Remarks:
1. Supplier to supply material as per PO specs only. 2. The price is inclusive of Loading charges, weighment charges, council fee and Mineral clearance certificate(MCC) charges and exclusive of MRT and VAT. 4. If Mn reported less than 48%, prorata price shall be applicable. 5. Quantity recorded at buyer's weighbridge shall be considered for billing.

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Authorised Signature