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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/05.39/2022

Supplier's Ref/Order No:
SAFAL/P/MN ORE/05.39/2022

Dispatch Through:
SUPPLIER HIRED TRUCKS

Dated:
04 May 2022

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

Destination:
SAFAL PLANT KANONA

Delivery Period:
Immediately

Other Reference(s):

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 : 44% Min, SiO2 : 10.0% Max, Phos 0.12%Max
Size: MN MIN 44%
04 May 2022 500 1904.45 MT 952,225.00
VAT 16% 16 % 152,356.00
Total 500 ZMW 1,104,581.00

E & O.E

Amount Chargable (in words)
Zambian Kwacha One Million One Hundred Four Thousand Five Hundred Eighty-one

Remarks:

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Authorised Signature