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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
AA MINERALS LTD
PLOT 3792 KWACHA ROAD OLYMPIA,LUSAKA

Contract Number:
SAFAL/P/MANGANESE ORE/06/2025/37

Supplier's Ref/Order No:
SAFAL/P/MANGANESE ORE/06/2025/37

Dispatch Through:
Seller's Hired trucks

Dated:
17 Jun 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 40% Min, Fe 4% max, SiO2: 10% Max, Phos 0.15max
Size: 10-100mm(90%)
17 Jun 2025 100 2060 MT 206,000.00
VAT 16% 16 % 32,960.00
Total 100 ZMW 238,960.00

E & O.E

Amount Chargable (in words)
Zambian Kwacha Two Hundred Thirty-eight Thousand Nine Hundred Sixty

Remarks:
1. Seller to ensure material is supplied as per PO specs only. 2. The price is on delivered basis inclusive of MRT, Loading charges, Council fee, PCC and other charges and exclusive of VAT. 3. Prices: Mn 40-42% : K2060, Mn 42-44% : K2163 and Mn +44 : 2266PMT.

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Authorised Signature