Header

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
Enock Kapalu Nyundu-Mn ore

Contract Number:
SAFAL/P/MN ORE/10.01/2021

Supplier's Ref/Order No:
SAFAL/P/MN ORE/10.01/2021

Dispatch Through:
SUPPLIER HIRED TRUCKS

Dated:
12 Oct 2021

Mode/Terms of Payment:
Upon delivery at SAFAL plant and testing of the material

Destination:
SAFAL PLANT KANONA

Delivery Period:
immediate

Other Reference(s):
Each truck to have mining license copy, Police clearance & council receipt

Terms of Delivery

Ex Mine loaded on trucks with documents - MRT EXCLUSIVE

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

Specifications: MN MIN 40%
Size: 10-150MM (MIN 90%)
12 Oct 2021 200 1310 MT 262,000.00
VAT 0% 0 % 0.00
Total 200 ZMW 262,000.00

E & O.E

Amount Chargable (in words)
Zambian Kwacha Two Hundred Sixty-two Thousand

Remarks:
1. Price of the material shall be as per below: (A) 42.1 % to 44% materials at ZMW 1250/MT Mineral Royalty tax exclusive ex warehouse Mansa loaded on trucks with documents (B) 44.1% to 46 % materials at ZMW 1310/MT Mineral Royalty tax exclusive ex warehouse Mansa loaded on trucks with documents (C) 46,1% to 48% materials at ZMW 1360/MT Mineral Royalty tax exclusive ex warehouse Mansa loaded on trucks with documents (D) 48.1 % to 52% materials at ZMW 1400/MT Mineral Royalty tax exclusive ex warehouse Mansa loaded on trucks with documents Phosphorus percentage should be less than 0.15%. Note: Minimum Acceptable Grade is 42 % below this level material shall be considered out of specs and hence pro rate deduction shall Applied..

_____________



Authorised Signature