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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
Blue Ocean Minerals & Metals Ltd
Plot 397 A, Makeni,, Lusaka

Contract Number:
SAFAL/P/MN ORE/09.85/2020

Supplier's Ref/Order No:
SAFAL/P/MN ORE/09.85/2020

Dispatch Through:
buyer hired trucks

Dated:
24 Sep 2020

Mode/Terms of Payment:
Payment after testing at SAFAL lab through cheque or transfer

Destination:
SAFAL KANONA

Delivery Period:
Till Dec 2020

Other Reference(s):

Terms of Delivery

Ex mine loaded on Trucks with Documents - MRT Inclusive

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

Specifications: Mn 45% Min, SiO2 -10% Max
Size: 10-150 MM
24 Sep 2020 2000 1400 MT 2,800,000.00
VAT 16% 16 % 448,000.00
Total 2000 ZMW 3,248,000.00

E & O.E

Amount Chargable (in words)
Zambian Kwacha Three Million Two Hundred Forty-eight Thousand

Remarks:

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Authorised Signature