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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
DHARANI INVESTMENTS-MN ORE
PLOT NO 2305,NEAR HENRY COURTYARD LODGE .MUSENGA MANSA ZAMBIA

Contract Number:
SAFAL/P/MANGANESE ORE/04/2025/12

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/04/2025/12

Dispatch Through:
Seller's Hired trucks

Dated:
29 Apr 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

Delivered at our Kanona Plant

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

Specifications: Mn : +44%(Prorata Price as indicated in remarks) Fe : 5 % max,SiO2 : 14% max Phos : 0.20% max,
Size: 10-100mm(90%)
29 Apr 2025 120 85 MT 10,200.00
VAT 16% 16 % 1,632.00
Total 120 USD 11,832.00

E & O.E

Amount Chargable (in words)
US Dollar Eleven Thousand Eight Hundred Thirty-two

Remarks:
1. Prices: Mn 40-42% : $ 80PMT, Mn 42-44% : $ 82 PMT and Mn +44% : $ 85 PMT. 2. Material will be tested at our lab and results declared as per our lab shall be final for payment. 3. Prorata price applicable if Mn is less than 40% 4. Material will be rejected if Mn is less than 38%. 5. PCC, MRT, loading charges, Council fee, weighscale expenses etc included and supplier should submit MRT payment receipt & schedule to buyer with out fail.

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Authorised Signature